Fundamental: Fed's Jefferson: Stress among small, regional banks, could hit small businesses hardest

The shuffling of deposits from small to large banks could have a disproportionate impact on U.S. small businesses that depend heavily on community and regional financial institutions for credit, Federal Reserve Governor Philip Jefferson said on Monday. "We are focused on the macroeconomy but we are aware ... that there are potential distributional aspects," ...     Alert Mar 28, 2023, 7:55am Fundamental: Fed's Jefferson: Stress among small, regional banks, could hit small businesses hardest The shuffling of deposits from small to large banks could have a disproportionate impact on U.S. small businesses that depend heavily on community and regional financial institutions for credit, Federal Reserve Governor Philip Jefferson said on Monday. "We are focused on the macroeconomy but we are aware ... that there are potential distributional aspects," ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support