Banking stress puts U.S. and Europe on watch for credit crunch
Edited By WION Video Desk
Published: Mar 28, 2023, 06:10 IST | Updated: Mar 28, 2023, 06:10 IST
Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said recently, as a European Central Bank official also flagged a possible tightening in lending.
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