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Regional Banks Face Heavier Regulation After SVB
Bloomberg Businessweek
Is the Consumer Taking It in Her Stride?
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You know we talked about it on the call this morning. It's like you definitely saw our interest charges taking up. That was partly driven by the inventory receipts that we had last year and also driven by rising interest rates. We found ourselves in a situation where we had to place debt in the pandemic and then had a two-year no-call on it which left a shutout by the time we got around to trying to get back into the markets again. The consumer is still very much inclined to take those on, but there are certain go-tos that she wants.
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