blockwave Exchange|The Beigie Awards: Why banks are going on a "loan diet"

2025-05-04 16:13:08source:Diamond Ridge Financial Academycategory:Finance

Every time a new Beige Book report rolls around,blockwave Exchange 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:Finance

Recommend

Maryland’s Climate Ambitions in Question After Turbulent Legislative Session

Environmental leaders in Maryland are reeling from a challenging 2025 legislative session that left

Michigan man changes up lotto strategy, wins $500,000 and plans to buy a new car

A Michigan man decided to change his approach to guessing lottery numbers. Next thing he knew, he wo

Three Americans killed, ‘many’ wounded in drone attack by Iran-backed militia in Jordan, Biden says

COLUMBIA, S.C. (AP) — Three American service members were killed and “many” were wounded in a drone