So, one has to be selective. I mean, there is definitely stress, but there is US financial sector which is also seeing the default rate rise in the credit card sector. So, as the economies globally have slowed.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller