On April 16, according to CNBC, U.S. Treasury Secretary Yellen said in an interview that the policy actions taken by the U.S. government to curb the systemic threat caused by the collapse of Silicon Valley Bank and Signature Bank last month have now stabilized deposit outflows. . In this environment, banks will become more cautious and may further tighten lending standards in the future. This would lead to restrictions on credit to the economy, potentially eliminating the need for further interest rate hikes by the Fed. She remains optimistic that as the economy cools and inflation slows, the U.S. can avoid a recession and a sharp rise in unemployment.
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