Monday, March 13, 2023

The Fed will be forced to surrender on rate hikes after SVB's failure

Article Title: The Fed will be forced to surrender on rate hikes after SVB's failure
Snippet of Article: "The Federal Reserve will be forced to end its interest-rate hikes following SVB's collapse, according to Mohamed El-Erian. ..."The immediate move in 2-year bonds points to the view that, by treating this as a systemic threat, the #Fed will also retreat from its #inflation battle," he added. ..."


Source: businessinsider.com

[tag] Federal Reserve, Interest-rate hikes,Root Causes of Inflation,Inflation, [/tag]