20th April 2023

  • US Economy Stalls as Credit Narrows, Fed’s Beige Book Says

Hiring and inflation slow as consumption ‘flat to down’

Report reflects initial impact of March bank turmoil

https://blinks.bloomberg.com/news/stories/RTDK1YT1UM0Y

  • Fed’s Williams Says Banking Stress Likely to Tighten Credit

New York Fed chief says banking sector has stabilized

Officials need to monitor credit conditions as they evolve

https://blinks.bloomberg.com/news/stories/RTE0PTT1UM0W

  • Fed’s Goolsbee Says He’s Watching Tighter Credit Economy Impact

Chicago Fed leader says his message is to be prudent, patient

Intensity of slowdown depends on financial effects, he says

https://blinks.bloomberg.com/news/stories/RTDT9ZT0G1KW

  • McCarthy Proposes $1.5 Trillion US Debt-Limit Increase

Plan would end clean energy, electric vehicle tax breaks

Democrats already reject plan, demanding a ‘clean’ increase

https://blinks.bloomberg.com/news/stories/RTDNGST0G1KW

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