Fed's unwanted ally in bid to tame inflation: Credit crunch
Briefly

The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: a cutback in bank lending.The upheaval in the financial system that's followed the collapse of two major U.S. banks is raising the likelihood that lending standards will become sharply more restrictive.
Read at english.elpais.com
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