Miner Company
Fed's Barr Says Private Credit Stress Could Trigger Larger Credit Issues
Federal Reserve Governor Michael Barr is the latest official warning of private credit-related concerns. Stress in that market could lead to “psychological contagion” and thus set off a wider credit crunch, Barr said in an interview with Bloomberg News published Sunday (May 3).
Federal Reserve Governor Michael Barr is the latest official warning of private credit-related concerns. Stress in that market could lead to “psychological contagion” and thus set off a wider credit crunch, Barr said in an interview with Bloomberg News published Sunday (May 3).