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The Outlook for Financial Services

Exchanges

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Is Inflation Impacting the Credit Sector?

Inflation has resulted in more loan demand over the last few years. If you go out and buy a used car today, it's probably going to cost 20 to 30% more than three years ago. A lot of that inventory build is financed by the banking system. I think on the negative side, there's a lot of focus around how inflation could impact credit quality.

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