The big bank bailout
CNN Inside Politics
00:00
The Fed and the Digital Economy - What a Balancing Act
Consumer inflation tripled what the Fed would like to see with this fragility that we've seen in the banking system because of interest rate increases over the past year. The European Central Bank raise rates as expected yesterday signaling that their banks are strong and their inflation fight is still a really important priority. A growing consensus here is that the Fed might do 25 basis points, won't be too aggressive, may not pause. It's got to show Wall Street and the American public that it can do both things at once.
Play episode from 04:01
Transcript
