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Economic report: Bank lending rises for third straight week

DATA: Total bank lending rose to $12.1 trillion in the seven days to April 19, the Federal Reserve said Friday, from $12.09 trillion in the previous week. It was the third straight week of gains.

Bank deposits edged up to $17.20 trillion from $17.18 trillion the previous week. They are down from $17.26 over the past month.

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