Bank deposits, lending fell in latest week, Fed data show

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Deposits at large U.S. banks fell by $11 billion to $17.344 trillion from a week earlier, on a seasonally adjusted basis.

Commercial bank lending fell by $5.2B to a seasonally adjusted $12.127T during the week, the Fed data showed.

Residential real estate lending fell $6B, commercial real estate loans increased by $2B from a the week earlier, while consumer loans were up $4.1B from the prior week.