US DATA: Fed Oct Sr Loan Officer Survey (taken Oct 5-19) “indicated
that, on net, banks eased standards” over prior 3 mos on some loans, esp
large banks due to competition. Many said standards for many categories
“would not return to their longer-run averages for the foreseeable
future.” Demand declined, on net, for C&I loans, particularly for small
firms. More on the MNI Main wire.