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Mar 07 2024

Bank Lending & Wealth Effect Support U.S. Economic Resilience

  • Mar 7, 2024

Improvement in bank lending trends should be a tailwind for economic activity, while steeper yield curves also imply a looser lending environment lies ahead. Another area supporting U.S. economic resilience is the wealth effect: The surging wealth effect is boosting consumer confidence which, in turn, leads to higher consumption.


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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager