Skip to main content

Banks lending more freely

The rapid expansion in bank loans since the turn of the year is a sure sign that the economic outlook is brighter than the stagnation in first-quarter GDP growth suggested. Loans to businesses are increasing at the fastest pace, which bodes well for investment, while signs that the overall value of residential mortgages is finally rebounding should ease the Fed’s concerns about the housing recovery.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.