Oliver James Montgomery:The Beigie Awards: Why banks are going on a "loan diet"

2025-05-05 19:09:14source:Devin Grosvenorcategory:Invest

Every time a new Beige Book report rolls around,Oliver James Montgomery we honor the regional Federal Reserve bank with the best anecdote with our prestigious Beigie Award. The winner of the October 2023 Beigie highlighted an interesting shift in the behavior of some big banks. Today, we talk to our winner all about "loan diets."

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Invest

Recommend

Which apps offer encrypted messaging? How to switch and what to know after feds’ warning

Federal authorities announced hackers in China have stolen "customer call records data" of an unknow

Bill Cobbs, Daytime Emmy-winning actor and 'The Bodyguard' star, dies at 90

Bill Cobbs, the prolific Daytime Emmy-winning actor who starred in 1992's "The Bodyguard" and the "N

Wisconsin youth prison staff member is declared brain-dead after inmate assault

MADISON, Wis. (AP) — A staff member at Wisconsin’s youth prison has been declared brain-dead followi