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Banks warn of lending pullback, fueling recession fears

Por: Politico Business August 01, 2023

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Wall Street traders are increasingly bullish that the Federal Reserve can cool inflation without pushing the economy into a recession. Lenders aren’t so certain. U.S. banks expect to tighten loan standards across the board in the second half of the year amid an “uncertain economic outlook,” the Fed said Monday in its of lending activity. The survey, which collected responses from banks in June, found lenders losing their appetite for... + full article



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