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HomeNewsOpinionMohamed El-Erian: Banking tremors leave a legacy of credit contraction

Mohamed El-Erian: Banking tremors leave a legacy of credit contraction

Financial Times   •
©The Financial Times Limited 2020 Apr 11, 2023 / 11:06 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

Rather than bet on early rate cuts, markets should be encouraging the Fed to complete its inflation-reduction task

Smaller banks have suffered significant outflows of deposits to their largest peers — which depositors deem too big to fail — money market funds and, to a much less extent, the crypto space

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