Goldman Sachs cutting its outlook for economic growth this year,
pointing to troubles in the banking sector, specifically hitting smaller banks
firm now sees GDP growth at 1.2%.
And analysts citing smaller institutions trying to hold on to cash
in case they might need it to cover withdraw.
So that is leading to lower lending volumes.
And as a result, analysts expecting banks to become more strict
about who they would lend money to, which could ultimately way
down to man and and then therefore actually stem growth.
So you see very complex and a lot of moving parts here.