The NY Fed’s April Survey of Consumer Expectations had some interesting color on credit availability:

“Perceptions of credit access compared to a year ago were mixed in April. Both the share of households reporting it is easier and the share reporting it is harder to obtain credit now than one year ago declined. Similarly, respondents’ views about future credit availability were mixed. Both the share of respondents expecting harder and the share expecting easier credit conditions a year from now declined.”

Not sure what to make of this. Only that even with turmoil in the banking system, it is not unambiguously clear that it’s gotten harder to borrow. newyorkfed.org/newseven…