World Affairs in Context

World Affairs in Context

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World Affairs in Context
U.S. Treasury Secretary Janet Yellen Says To Expect Tighter Bank Lending Standards Once The Fed Pauses Rate Hikes
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U.S. Treasury Secretary Janet Yellen Says To Expect Tighter Bank Lending Standards Once The Fed Pauses Rate Hikes

When credit becomes risky during an economic downturn, financial institutions tighten lending standards.

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Lena Petrova
Apr 16, 2023
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World Affairs in Context
World Affairs in Context
U.S. Treasury Secretary Janet Yellen Says To Expect Tighter Bank Lending Standards Once The Fed Pauses Rate Hikes
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A weakening United States dollar is pushing financial institutions to tighten their lending standards. The recent bank failures in addition to the continuous loss of value by the U.S. dollar results …

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