CNBC - Credit will expand as Fed stops holding back
Posted on April 3, 2014 --
On Monday, March 24, Tuck Senior Fellow Peter Fisher offered his thoughts about the Fed on CNBC. He said, in part, "...you saw how bank stocks reacted after Yellin's press conference. They rallied. They make money when they can lend against a term premium. I think we're going to see credit start to expand as the Fed stops holding back. ..."
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