Fed policy tightening will keep clamps on US banks’ credit; change may be afoot in global payments
Moody's Talks - Focus on Finance
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Introduction
Moody's talks with Jill Sotina, Associate Managing Director for the Financial Institutions Group in the US. Miles Nelligan will talk about Moody's recent rating actions on US banks. The Fed has been aggressively raising interest rates to keep inflation in check. As we saw with the run on Silicon Valley Bank back in March, the change in operating environment has had real credit consequences for banks.
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Transcript
