Here Is the Latest Credit Data To Keep Your Bank Safe
South State Correspondent
MAY 9, 2024
As the risk of a recession gets pushed out by the market, so does the risk of credit. This is not to say bank credit is without risk, as higher rates, inflation, and a slowing economy have taken their toll. Three essential credit metrics – probabilities of default (POD), POD rate of change, and POD volatility- materially increased from 2023.
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