Fed’s Loan Officer Survey Anticlimactic. Again.

Market interest in the July vintage of the Fed's senior loan officer opinion survey was muted compared to the last installment. That's a high bar, though. April's SLOOS (the survey should win an award for worst-sounding acronym) was the single-most anticipated in recent memory, as it reflected changes in credit standards and demand for bank loans during the period encompassing the worst financial sector turmoil since Lehman. The results, released on May 8, were a bit anticlimactic. Lending sta