{"id":84263,"date":"2023-03-23T02:33:20","date_gmt":"2023-03-23T06:33:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84263"},"modified":"2023-03-23T02:33:20","modified_gmt":"2023-03-23T06:33:20","slug":"financial-conditions-are-tightening-after-svbs-collapse-and-could-slow-the-economy-powell-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/financial-conditions-are-tightening-after-svbs-collapse-and-could-slow-the-economy-powell-says.html","title":{"rendered":"Financial conditions are tightening after SVB\u2019s collapse and could slow the economy, Powell says"},"content":{"rendered":"\n<p>(CNBC) Federal Reserve Chair Jerome Powell said Wednesday that the U.S. banking sector is strong but that the recent failure of some regional banks could cause ripple effects that slow down the economy. Powell described the banking system as \u201csound and resilient\u201d but said the central bank was monitoring a change in the availability of credit for consumers and businesses.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/22\/feds-powell-says-svb-collapse-may-slow-the-economy-through-tighter-credit.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Federal Reserve Chair Jerome Powell said Wednesday that the U.S. banking sector is strong but that the recent failure of some regional banks could cause ripple effects that slow down the economy. Powell described the banking system as \u201csound [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84263","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84263"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84263\/revisions"}],"predecessor-version":[{"id":84264,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84263\/revisions\/84264"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}