Despite the Federal Reserve slashing interest rates to near zero, similar to actions taken during the 2008 Financial Crisis, bankers have pressed the brakes on originating new loans as the economic environment becomes more uncertain amid the coronavirus.
source https://feeds.feedblitz.com/~/620090096/0/globest/new-york~Bankers-Reluctant-to-Loan-Money-In-Coronavirus-LowInterest-Rate-Environment/
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