The Fed: Fed’s Goolsbee says he feels ‘vibes’ that a credit squeeze is coming

This post was originally published on this site

Chicago Fed President Austan Goolsbee said Monday that he is getting the sense that banks are pulling back on providing credit to the economy.

“I am certainly getting vibes….in the market and in the business context that a credit crunch or, at least, a credit squeeze, is beginning,” Goolsbee said, in an interview with Yahoo Finance.

Goolsbee…

Add Comment