Banks loosen standards, but credit still tight

Credit continued to remain tight at the nation’s banks in the final three months of 2008, according to a report published Monday by the Federal Reserve. But a smaller percentage of institutions toughened their lending standards.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/Yh6RuzMvNsE” height=”1″ width=”1″/