On July 17, local time, the Federal Reserve released data showing that in the week ending July 8, the size of US commercial bank deposits fell to 19.361 trillion US dollars, a decrease of about 74 billion US dollars from 19.435 trillion US dollars the previous week. The data shows that this decline mainly reflects short-term fluctuations in deposit balances in the commercial banking system.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.