3min chapter

Forward Guidance cover image

Danielle DiMartino Booth: A Banking Panic Makes The Fed’s Job More Difficult

Forward Guidance

CHAPTER

Is It a CEO Manoeuvre?

The Fed's wrecking ball has done damage to the banking system, but it's already set a credit cycle in motion as well. The National Association of Credit Managers has been saying for months, we're having a hard time collecting what's due to us. So there's already a nervousness across corporate America because vendors are having a harder time getting paid.

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