The Pressure on Regional Banks

If you can't get money for that, I think we know that lending conditions are tightening. Inverted yield curve makes it very severely inverted in the key part of the market between three months and 10. That making it hard to make money. And this long riding expectation that you can make profits by not passing on short-term policy rates at the time when short- term policy rates are rising is harder and harder. We know we can have these digital, instantaneous, massive falls in deposits and bank runs. There are questions about quite a lot of banks in the US right now,. Not that they're going to survive, but certainly that it's going to be quite hard for them to make