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Fed's Kashkari says stress in banking sector brings the U.S. closer to recession

Por: CNBC Business March 27, 2023

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What's unclear for us is how much of these banking stresses are leading to a widespread credit crunch. And then that credit crunch, just as you said, would then slow down the economy, Minneapolis Fed President Neel Kashkari said in an interview with CBS' Face The Nation.John Lamparski Getty Images Entertainment Getty ImagesIt definitely brings us closer right now — that was Minneapolis Fed President Neel Kashkari's response to a... + full article



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