Fed's Cook: Seeing some signs of stress among low-moderate income households ...Middle East

Fed's Cook is out saying:

Seeing some signs of stress among low – moderate income householdsSufficiently large income shock could push up defaults, lead to losses for lenders.Treasury market function orderly during April volatility.Watching commercial real estate market closely. This article was written by Greg Michalowski at www.forexlive.com.

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