My Financial News from Bhutan, Credit

from Bing and Google News
Bhutan , Thursday 16 April 2026

Fed sees credit drawdown looming, shifts towards pause on rate hikes

Published on: Wednesday 22 March 2023

Fed sees credit drawdown looming, shifts towards pause on rate hikes By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said banking industry stress could trigger a credit crunch with "significant" implications for an economy that U.S. central bank officials projected will slow even more this year than previously thought. Banks either hit with sudden deposit outflows or worried about them may become steadily


News source: https://www.msn.com/en-us/money/other/fed-sees-credit-drawdown-looming-shifts-towards-pause-on-rate-hikes/ar-AA18YBqZ

Share this news on:  

RELATED NEWS

» Bank of Bhutan: Credit cards debut in Bhutan
» Bhutan’s USD 100 million carbon credit opportunity: What it means for us and what we must do now
» Yep, someone is actually trying to launch a new airline called ‘Really Cool Airlines’
» Bhutan’s Long-Serving Political Prisoners Should be Released
» Fed sees credit drawdown looming, shifts towards pause on rate hikes

HEADLINE NEWS