U.S. banks' commercial and industrial loans fell $3 billion, to about $1.292 trillion, in the week that ended March 3, the latest week for which data is available, the Federal Reserve said Friday.

That followed a $4.9 billion decrease the previous week.

Jumbo certificates of deposit dropped $22.0 billion to about $1.838 trillion in the latest weekly data, after rising $11.8 billion the previous week. Revolving home equity loans fell $1.5 billion, to $596 billion, after falling $200 million the previous week.

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