Marc Cuniberti: The real cause of inflation theunion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theunion.com Daily Mail and Mail on Sunday newspapers.
Shares lose momentum as doubts cloud interest rate optimism streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The regional banking crisis that occurred earlier this year continues to have a lasting impact on the regional banking industry and the economy. The crisis caused a tightening of credit conditions. As a result, credit availability has tightened and loan spreads have widened. Torsten Slok, chief economist at Apollo Global Management, said the banking crisis had "a magnifying effect" on the Fed s tightening but its full impact would come with a lag.