4min chapter

Forward Guidance cover image

Higher For Longer | Robert Kaplan, Former Dallas Fed President & CEO

Forward Guidance

CHAPTER

The Banking Issues

Bob Greene: Even though the federal government has spent a lot of money, that doesn't mean it's been spent in the economy. He says banks are limiting their lending because they could have more deposit instability. This tightening is disproportionately affecting small mid-sized businesses, he says. Greene: I think we may be doing some damage right now to that sector.

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