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© Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed
(Reuters) – Deposits at U.S. commercial banks rose in early April, continuing a stabilizing trend after large outflows following last month’s failure of two large regional banks and worries about the safety of the banking system as a whole.
Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.43 trillion in the week ended April 5, on a non-seasonally adjusted basis, from $17.35 trillion a week earlier. Loans and leases ticked down to $12.06 trillion from $12.07 trillion a week earlier.
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