Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday .
In its new survey of bank lending practices, the Fed found that the loosening of loan standards was occurring primarily at the country's largest domestic banks.
Banks had been reporting relaxed credit standards for big corporations. But the new survey marked the first indication that credit was beginning to ease for smaller companies.
This can be a major shift for the US economy and for the markets as well. Time will tell.
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