MUSALEM: THERE ARE SOME PARTS OF ECONOMY SEEING CREDIT GETTING CROWDED OUT
MUSALEM: THERE ARE SOME PARTS OF ECONOMY SEEING CREDIT GETTING CROWDED OUT
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Fed’s Musalem cites productivity recovery and inflation goal
Fed policymaker Musalem says productivity is recovering, the best support for growth is returning inflation to 2%, and some parts of the economy are seeing credit being crowded out.
Fed official Musalem flags credit being crowded out
Fed official Musalem says some parts of the economy are seeing credit getting crowded out, without providing any supporting data or magnitude in the remarks.