Fed introduces changing bank-lending behaviour without taking eye off inflation
The Fed needs more time to understand the credit market dynamics following the failure of two regional banks a fortnight ago. It will also have to review oversight that could not detect stress building up in the collapsed Silicon Valley Bank (SVB), Signature Bank and other regional banks that lend to businesses that create most jobs in the US economy.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.