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Slowdown in lending could help Fed bring down inflation while maintaining a strong job market, Yellen says

Por: MarketWatch Politics April 16, 2023

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“Banks are likely to become somewhat more cautious in this environment,” she said. “That does tend to lead to somewhat greater restriction in credit that could be a substitute for further interest-rate hikes that the Fed needs to make.” “Are there risks? Of course. I don’t want to downplay the risks here, but I do think that’s possible, ” Yellen added. Yellen said that the factors that have pushed up inflation go well beyond the... + full article



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