
From The Desk of Kelly Evans: Where The Banking System Hits The Economy 5/8/23
The Exchange
00:00
Fed Senior Loan Officer Survey: How Much Bank Stress Will Spill Over to Broader Economic Growth?
The Fed's senior loan officer survey is released only four times a year. The details of this usually sleepy report should be quite market moving. A soft landing can occur when banks are easing lending standards into a downturn. But today, the hard landing appears to already be sealed with both consumer and business standards tightening dramatically.
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