Pantheon Macroeconomics

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17th Mar 2023 13:25U.S., Weekly Monitor

  • The banking crisis will trigger a huge expansion of the Fed’s balance sheet, but banks will not lend more.
  • Credit standards are likely to tighten further; businesses will feel the squeeze most.
  • Manufacturing is in trouble, despite recent gains in output; will the China rebound come to the rescue?

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Keywords for: 20 Mar 2023 US Monitor

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