Getting More From The Senior Loan Officer Opinion Survey?

(Before It's News)

from Liberty Street Economics

– this post authored by Donald P. Morgan and John R. Sporn

Every quarter, senior loan officers at selected large banks around the United States are asked by Fed economists how their standards for approving business loans changed compared with the quarter before. Of all the questions in the Senior Loan Officer Opinion Survey (SLOOS), responses to that question about standards usually attract the most attention from the financial press and researchers.

Read more …

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