Americans Most Pessimistic On Credit Access In A Decade

Americans harbored the most grim perceptions of credit availability in at least a decade during a month defined by a rash of US bank failures. That's according to the March vintage of the New York Fed's consumer survey, released into what felt like a post-Easter void to start the week. Although it's difficult to discern from the visual below, the combined share of respondents reporting it was more difficult to obtain credit in March versus a year ago exceeded the same share in November. The