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The Debt Ceiling Approaches | Joseph Wang & Dominique Dwor-Frecaut
Forward Guidance
The Impact of Bank Lending on the Economy
Bank lending has slowed over the past two weeks, and we're going to see how that plays out. I don't think that what happened in March was a semiconductor event or that it had a very big impact on bank lending overall. Overall, as Dominique elegantly put it, inflation doesn't seem to be going away. The economic growth is still okay. It wouldn't be unreasonable for them to hike again.
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