Economic Report: Banks increased lending for second straight week, Fed data show

United States

The numbers: Total bank lending rose to $ 12.09 trillion in the seven days ended April 12 from $ 12.08 trillion in the prior week, the Federal Reserve reported Friday. This is the second straight weekly increase.

Deposits at banks fell to $ 17.18 trillion from $ 17.26 trillion in the prior week. They are down from $ 17.43 billion over the past month.

All…