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Squeeze on American Banks Forces Loan Rationing and Higher Rates
The article warns that banks face a squeeze driven by the Federal Reserve cutting new credit and peaking 5 percent deposits. Banks are urged to ration loans as demand rises, potentially losing hundreds of millions to other investments while rates may climb for borrowers, including big industrials and families.
MENTIONED IN THIS ARTICLE
Ioans
Federal Reserve System
Federal Reserve Banks
Federal Reserve
Administration
Hall Syndicate
Tne