Banking Turmoil: UBS Takes Over Credit Suisse, More "Junk" for First Republic 03/20/23
Squawk on the Street
00:00
Is the Federal Reserve Really Getting Serious About Inflation?
The debate now, is how much is this banking problem going to shave off GDP, right? We know it's going to lead to tighter lending standards. The Fed report, the Savings and Loan Officers Survey, which comes out in early May, will tell you just how tight the standards have become. Until they get that, the signal is that they're not going to be as serious on inflation.
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