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Fitch says that banking system stress in the US will further tighten credit markets

We've been getting this take for well over a month, that credit conditions will (indeed now have) tighten(ed) due to the bank failures. This, for example, from back in mid-March:ICYMI: Goldman Sachs cut US GDP forecast citing the banking crisis impact on credit growthAnyway, Fitch (the ratings folks): Says US. Leveraged loan concern list grows as lending tightensExpects that stress in banking sector in US. will lead to further tightening of credit marketsTighter credit is doing some of the Fed's... Read More

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Content Topics

Fitch

Says

That

Banking

System

Stress

Will

Further

Tighten

Credit

Markets

Forex

Posted: Apr 27 2023, 21:01

Author Name: forexlive

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