RSM: Banking Turmoil Will Affect Lending, Economy

05/05/2023

The recent turmoil among regional banks will most likely show up in the U.S. economy during the next 60 to 90 days, according to OMA Connections Partner RSM. On its “Real Economy” blog, the firm writes: “As banks tighten lending standards and pull back on the provision of credit, growth in the economy will slow further.” 5/1/2023

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