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The Boston Globe

Business

Banks expect credit quality to rise

WASHINGTON — US banks expect credit quality to rise in 2013 after they eased standards on loans for autos and businesses of all sizes, according to a Federal Reserve survey.

‘‘Banks expect improvements in credit quality in most major loan categories’’ in 2013, the central bank said Monday in its quarterly survey of senior loan officers released in Washington. The number of banks with such an expectation was described as ‘‘moderate to large.’’

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