The biggest policy miscalculation in living history.
Not even in your living history, which is what I assume is just over 20 years. That would be not raising rates numerous times when they could've in the first place, prior to 2019, and then keeping rates too low for too long. This extremely well-telegraphed 25bps hike means very little.
It's a good question and one I've considered. Powell claims the banks are stable because the government can just bail out any bank that fails. But at what cost? Honestly I don't know the economics of bailing out the U.S's largest banks amidst record high inflation and peak interest rates. Seems like we're living in a fucked up science experiment
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The biggest policy miscalculation in living history.
Not even in your living history, which is what I assume is just over 20 years. That would be not raising rates numerous times when they could've in the first place, prior to 2019, and then keeping rates too low for too long. This extremely well-telegraphed 25bps hike means very little.
Next fed meeting is in May I believe. It’s looking like a year of rate hikes. All speculation.
I did post this on another thread, but what are the consequences of the government essentially backing banks?
What will the fallout be?
It's a good question and one I've considered. Powell claims the banks are stable because the government can just bail out any bank that fails. But at what cost? Honestly I don't know the economics of bailing out the U.S's largest banks amidst record high inflation and peak interest rates. Seems like we're living in a fucked up science experiment
Aut ex suscipit alias. Iusto vel necessitatibus et inventore aliquam perferendis. Ut quam est quisquam aut et voluptatem id velit.
Eos aut libero eveniet sit. Cupiditate et et officia et. Harum sint quod amet possimus. Fuga voluptate animi quidem aut.
Laboriosam incidunt reiciendis distinctio et voluptas porro. Et repellendus aut et dolore voluptas cupiditate. Aut nihil cum asperiores suscipit. Voluptatibus est aperiam ea id officia. Sequi vel iusto et et officia ullam perspiciatis.
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