Sunday, December 8, 2019

Major banks, FIs largely optimistic on economy

The CII-IBA Financial Conditions Index, which is based on a survey of 22 banks and financial institutions, slipped 1.5 points quarter-on-quarter in the three months to December, but remained comfortably above 50 at 68.9. A reading above 50 on the index is considered largely optimistic, 50 is optimistic and below 50 is considered sub-optimistic.

from Economy-News-Economic Times https://ift.tt/38gI4tk
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