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Banks Navigate Surging Deposits, Tepid Loan Activity since COVID-19 Onset

Abstract: A surge in deposits in 2020 has created excess liquidity for banks. They are also facing tepid loan activity and lower yields on other types of investments.

Keywords: COVID-19; deposits; excess liquidity for banks; loan activity;

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2021-08-31

Note: This post is part of a series titled “Supervising Our Nation’s Financial Institutions.”