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The recent banking crisis in the United States has led to widespread concerns of a looming credit crunch and the negative effects that it will have on American families and businesses as well as [...]
Right now, financial institutions all over America are getting really tight with their money. That means that less credit will be available for consumers and businesses, and that will mean less economic activity in the months ahead.
None Citi's Nathan Sheets says the US may be headed for a credit crunch. • None Such a scenario could deepen an economic downturn and ensure a more prolonged…
Citi's Nathan Sheets sees a looming recession and potential credit crunch. Bloomberg TV Citi's Nathan Sheets says the US may be headed for a credit crunch.…
A lending squeeze is a "very significant wild card [with] a downside risk that we are very, very focused on," top economist Nathan Sheets said.