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Article Title: All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
Snippet of Article: "...The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good. ..."
Article Title: Are Your Deposits At Risk In A Banking Crisis?
Snippet of Article: "...Much has been debated about whether the financial market is headed for a crash but at the heart of it, it’s critical Americans know their cash is safe in the U.S. banking system. That confidence was tested after three banks failed in recent weeks, two of which prompted emergency backing by the government since most of the depositors would have been unable to access their funds without swift federal action.
The long-standing federal fund that insures deposits at failed banks risked depletion otherwise—Silicon Valley Bank was the second largest bank failure in U.S. history and shut down abruptly after depositors fled at an alarming rate, driven by social media posts. ..."
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. ..."
