Credit squeezeat times private banks become reluctant to, Ask an Expert

Economics

Credit Squeeze:At times private banks become reluctant to issue new credit andloans, frequently because they are worried about risk of default by borrowers. This is common at the times of financial instability orrecession. A credit squeeze can dramatically slow down job-creation andeconomic growth.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9579150

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