Credit Conditions Remain Unfavorable Despite Fed’s Attempt to Ease Credit Conditions |
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Credit Conditions Remain Unfavorable Despite Fed’s Attempt to Ease Credit Conditions The Fed has lowered the federal funds rate 325 basis points since September and set up various programs to support fragile financial markets. According to the Senior Loan Officer Opinion Survey, despite these endeavors the credit crunch remains in place for the most part. The details of the survey show that the housing market, which was the trigger for the current financial market crisis, is unlikely to stage
Filed under: Fundamental
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