May 9, 2024

US faces credit crunch amid bank turmoil | World Business Watch | Latest English News | WION



Published July 21, 2023, 8:30 p.m. by Jerald Waisoki


A recent survey by the Federal Reserve shows the US economy is in bad shape. The Fed survey points to difficulties in getting loans as banks are tightening their lending standards.

#US #CreditCrunch #WorldBusinessWatch

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