The Fed: Fed’s Williams says bank stress will lower consumer spending
Published
The stress in the U.S banking system will likely result in lower consumer spending, said New York Fed President John Williams on Friday. In a speech at Housatonic Community College, Williams said the problems in the banking sector will cause banks to tighten credit. This, in turn will cause…
#johnwilliams #bostonfed #susancollins #spx #treasury #tmubmusd10y