Banking Crisis (Not the Fed) To Cause Recession?

21 April 2023

One of the most dishonest headlines of the week goes to CNBC: Fed expects banking crisis to cause a recession this year, minutes show CNBC absolves themselves by citing that this was said in the Fed minutes, yet it does raise some interesting considerations, the idea that the upcoming recession will be due to a banking crisis. Market contacts observed that the recent developments…

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