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Yellen says outflows from banking system have stabilized but what about within the system?

Yellen says outflows from banking system have stabilized but what about within the system?
Deposit outflows from the banking system have stabilized. Things have been calm but monitoring carefullyBank lending standards have tightened somewhat , may be more tightening to comeNot seeing anything dramatic enough to significantly change outlook for moderate growth, strong labor market and easing inflationOver time, there is risk that financial system sanctions linked to dollar could 'undermine the hegemony' of the US dollarSanctions do create desire by China, Russia and Iran to find an alt... Read More
Posted: Apr 15 2023, 21:41
Author Name: forexlive
Views: 082025

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