WASHINGTON -U.S. Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes. Yellen said in a “Fareed Zakaria GPS” interview that policy actions to stem…Read More
Yellen says US banks may tighten lending and negate need for more rate hikes Inquirer Business
