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Fed warns tighter credit conditions could slow US growth

Por: Fox Business Business June 17, 2023

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Former FDIC Chair Sheila Bair provides insight on the Federal Reserve's rate hikes on 'The Claman Countdown.' The warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this year.  In its semi-annual monetary report to Congress, the central bank noted that bank lending conditions have tightened notably over the past year due to the rapid increase in interest... + full article



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