Wednesday, October 12, 2016

Small Business Lending Remains Strong At Big Banks, Institutional Lenders Ahead Of Next Fed Meeting

It is appearing more imminent that the Federal Reserve will institute an interest rate hike at its mid-December 2016 meeting, exactly one year after it implemented its first interest rate increase in nearly a decade. The relatively weak economic recovery from The Great Recession (2007-09) was one of the primary causes for these developments, but now we have seen slow, but gradual improvements in the economy.

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