2 ms·
Credit availability is largely a function of federal reserve policy.
by Consultant32452 3y ago
Credit availability is largely a function of federal reserve policy.
- neilwilson 3y agoNot at all. Credit availability is a function of creditworthiness of borrowers, which is largely a function of available collateral. All the Fed does is change the price. If I get charged more interest, I simply charge more in wages/profit to cover it. Which I can do because there is a tight labour market/product market.