U.S. banks' commercial and industrial loans fell by $500 million to about $1.319 trillion, in the week ended Jan. 20, the latest week for which data are available, the Federal Reserve said Friday.

That came after a $9.9 billion decrease the previous week.

Jumbo certificates of deposit fell $1.8 billion, to about $1.870 trillion, in the latest weekly data, after sliding $16 billion the previous week. Revolving home equity loans dropped $500 million, to $599 billion, after falling $500 million the previous week.

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