top of page
  • LinkedIn Social Icon
Search

Hey Fed---Bank Lending Still Accelerating

  • Writer: Joe Carson
    Joe Carson
  • Jan 20, 2023
  • 1 min read

Hey Fed, the tightening of monetary policy ain't working. Bank lending to businesses, real estate, and consumers accelerated to a growth rate of 12.1% in December. That's the fastest calendar growth since 2006. If higher rates don't curtail long growth, history would say that the odds of securing a sustained slowdown in cyclical inflation are low. Does that mean that policy rates will have to go even higher to achieve the policymakers' desired outcome of 2% inflation? Uh-oh!.



 
 
 

Recent Posts

See All

Opmerkingen


Stay in the know

Thanks for submitting!

  • Grey LinkedIn Icon

© 2023 by Talking Business.  Proudly created with Wix.com

bottom of page