bullish

UK: Credit Not Crunched

Phil has highlighted this Insight as a Top Pick
247 Views30 Mar 2023 01:35
Credit has stabilised in the UK after the shock in Q4. Any new credit crunch is likely to be isolated. However, inverted curves cut bank margins, discouraging lending, so they can be self-fulfilling.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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