Enjoy complimentary access to top ideas and insights — selected by our editors. Bank economists are expressing guarded hope that business lending will hold steady in 2024, marking a shift in sentiment after a year of industry turbulence. They still expect credit conditions for businesses to weaken over the next six months, but their outlook for the segment reached its most upbeat since late 2022, according to the American Bankers Association’s latest Credit Condition Index, which forecasts credit quality and availability. Sayee Srinivasan, the ABA’s chief economist, said that the current credit situation is better than many folks expected, which is giving room to optimism for the
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