'A credit crunch has started' as banks tighten lending by the most on record
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'A credit crunch has started' as banks tighten lending by the most on record
Good luck trying to get a mortgage in the USA. Or a car loan. Or even a new credit card.
'A credit crunch has started' as banks tighten lending by the most on record, Morgan Stanley CIO says
Apr 17, 2023
The credit crunch stemming from March's bank crisis has begun, according to Morgan Stanley's Mike Wilson.
Wilson pointed to a big drop in bank lending and tightening credit standards in recent weeks.
The data fuels …
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