Rating actions were quiet last week despite broad market volatility. Uneasiness grew after the California Department of Financial Protection and Innovation took possession of First Republic Bank, and guidance from the Fed and ECB did not answer all of investors' questions on the possibility and timing of easier policy conditions. Last week's drop in unemployment rates may suggest higher interest rates for longer. Also, today's release of the Fed's Senior Loan Officer Opinion Survey will be in the spotlight--with market participants continuing to assess the impact of tighter bank lending standards--as will Wednesday's release of CPI data.