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The gulf between financial markets' and Federal Reserve Chair Jerome Powell's view of the U.S. economy could not be wider, but two national credit conditions and lending surveys within 24 hours of each other could narrow the chasm.
The Fed's last SLOOS in February showed that the net percentage of banks reporting tightening standards for commercial and industrial loans in the fourth quarter jumped above 40%
ORLANDO, Florida (Reuters) - If small businesses are the bedrock of the U.S. economy, last month's banking shock has given us a pretty good idea of where the epicenter of any looming recession will be. | 11:28am
If small businesses are the bedrock of the U.S. economy, last month's banking shock has given us a pretty good idea of where the epicenter of any looming recession will be.
If small businesses are the bedrock of the U.S. economy, last month's banking shock has given us a pretty good idea of where the epicenter of any looming recession will be.