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Stress in private credit could spark 'psychological contagion,' Fed's Barr tells Bloomberg News

By Reuters May 03, 2026 Bearish
Stress in private credit could spark 'psychological contagion,' Fed's Barr tells Bloomberg News
U.S. Federal Reserve Governor Michael Barr said stress in ​private credit could spark "psychological contagion" leading to ‌a broader credit crunch, Bloomberg News reported on Sunday.
U.S. Federal Reserve Governor Michael Barr said stress in ​private credit could spark "psychological contagion" leading to ‌a broader credit crunch, Bloomberg News reported on Sunday.