Robust Loan Growth Among Small Banks And Moderate Growth Among Large Banks In 1Q2015


by Philadelphia Fed

For small banks, both nationally and regionally, commercial and industrial (C&I), real estate, and consumer loan totals increased by double-digit rates from the first quarter of 2014. For large U.S. banks, C&I lending increased from 2014, and real estate lending stalled. With net interest margins holding nearly constant, the increased loan activity boosted banks' profitability.

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What We Read Today 02 July 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Household Finances Improving, But Pockets Of Concern Remain

by Atlanta Fed

As the U.S. economy continues to strengthen, household finances are also on the mend. Yet despite this modest improvement, sizable pockets of the population remain financially vulnerable, according to a recent report from the Federal Reserve Board of Governors.

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Infographic Of The Day: Craft Beer Pubs Of London

This infographic takes an overview of the area of craft beers in the UK and specifically highlights craft beer pubs in London where an enjoyable time can be spent tasting the relevant beers on offer.

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Video of the Day:

International creditors have shut the door on talks with Athens until after Sunday's referendum - which is asking whether the country should accept or reject more austerity.

video of day picture

FOREX NEWS by DailyForex

Oil Prices Drop on Oversupply, Chinese Stock Probe

Good news may be in store at the pump before the July 4th weekend as oil prices dropped on Friday amid reports that an oversupply of the crude remains on U.S. oil rigs.

Swedish Central Bank Surprises

A surprise rate cut by Riksbank sent the Swedish Krona nearly 1% lower against its key rival, the common currency Euro.


Tomorrow, Friday, 3rd July, is a major public holiday in the U.S.A. This year, the 4th of July is effectively the 3rd of July, 2015. Find out how this affects Forex trading and when the markets will be closed here.

The Fall of the Euro—When?

Now that Greece has missed a repayment worth about 1.5 billion euros ($1.7 billion) that was due on Tuesday to the International Monetary Fund (IMF), all eyes are focused on the future of the euro and its impact in the international arena.

Eurozone’s PMI Fail to Lift Sentiment

In the wake of Greece’s default on a loan from the IMF, the common currency Euro has remained under broad sell pressure. Though investors were hopeful for a distraction, the latest economic releases failed to provide any material support.
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Using Relative Strength Index As An Odds Enhancer

 more opinion

Charting Greek Referendum Path

by EconMatters,

Greece missed a payment to the The International Monetary Fund (IMF) of about 1.5 billion euros, or $1.7 billion, on Tuesday which officially put the country in the ranks of Sudan, Somalia and Zimbabwe.


 USA economy at a glance (boxed items are updates in last 7 days)

Fed's Balance Sheet 01 July 2015 - Levels Fall

Total Fed Balance Sheet:

Fed's Balance Sheet week ending balance sheet was $4,440 trillion..

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