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Banks See Little Threat From Tight Money Move
Banks expect to absorb tightening money and credit with little risk to growth. They note ample lendable funds and liquidity, and that higher short term rates aim to guard the dollar while avoiding choking expansion. Credit can still grow if needed, economists say.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Britain
International Monetary
Eed
Cording
Chase Manhattan Bank of New York
Federal Reserve