Summary United States: The Calm Before the Storm This week brought glimpses of market stabilization after weeks of turmoil. Although consumers seem unfazed by the uproar, tighter credit conditions coming down the pipeline will likely weigh on growth. Meanwhile, inflation continues to advance at a stubbornly high pace, adding to the case for a 25 […]
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U.S. Highlights The Federal Reserve Senior Loan Officer Opinion Survey showed that most banks tightened lending standards further in the first quarter, with demand for loans falling in concert. Growth in U.S. consumer credit slowed Read more…
The children’s toy industry has faced financial distress, leading to bankruptcy filings and the demise of national toy store chains over the past 20 years. KB Toys had about 1,300 stores in 50 states when Read more…
Summary United States: The Calm Before the Storm Was it an unwillingness to share the limelight with the world’s central banks or just a quirk of the domestic economic calendar? Either way, it was an Read more…