Fed: Fed’s Kashkari: Banking stress brings US closer to recession – Times of India
[ad_1] WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation.“It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are … Read more