The outlook for financial institutions remains stable to slightly stronger while the general economy is showing signs of slowing, the Federal Reserve said on Wednesday.

In its Beige Book, a periodic report on economic conditions around the country, the Fed said consumer lending slackened while borrowings by businesses increased over the last six weeks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.