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Trump Economy Faces New Headwind as Interest Rates Fall: Banks Unwilling to Lend

September 3, 2019

Via: TheStreet

Are interest rates now so low that banks are starting to cut back on new loans?

Signs are emerging that U.S. lenders might be pulling back, a new potential worry for the U.S. economy, according to a growing number of Wall Street analysts.

It’s also a dynamic to watch for shareholders in big firms like JP Morgan Chase (JPM – Get Report) , Bank of America (BAC – Get Report) , Citigroup (C – Get Report) and Wells Fargo (WFC – Get Report).

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