Commentary: Worst bank turmoil since 2008 complicates upcoming US Fed interest rate decision

Commentary: Worst bank turmoil since 2008 complicates upcoming US Fed interest rate decision

Silicon Valley Bank and Signature Bank collapsed virtually overnight and a rescue of First Republic failed to stem unease. The Federal Reserve could risk further weakening banks, a resurgence of inflation or even a recession, says this finance professor.

The Conversation: Worst bank turmoil since 2008 means Federal Reserve is damned if it does and damned if it doesn’t in decision over interest rates

THE CONVERSATION — The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold. Making another big interest rate hike would risk exacerbating the global banking turmoil sparked by Silicon Valley Bank’s failure on March 10. Raising rates too little, or not at all as some are […]

Worst bank turmoil since 2008 means Federal Reserve is damned if it does and damned if it doesn’t in decision over interest rates | Kiowa County Press - Eads, Colorado, Newspaper

The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold.