How will the Fed respond to bank failures?
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Mike Armstrong and Brendan Hayes discuss US inflation numbers cooling in February but hold off judging the bank failure's impact on inflation till May. Consumer prices rise 6% from a year earlier. The collapse of SVB and Signature Bank calls the Fed interest rate path into question. Bank failures are uncommon, it just hasn't happened in a couple of years. The biggest US banks rake in deposits. Was this move by the government a bailout?
