AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Banking Turmoil Continues to Create Uncertainty
Bloomberg Businessweek
The Fed's Failure to Talk to Congress About the Low Rate Environment
3min Snip
00:00
Summary
Transcript
Episode notes
The biggest problem with the Fed today is hubris. They have to realize that they are not allowed to make certain decisions. When they don't have any answer or if policy is tied their hands in some ways, they need to go back to Capitol Hill and get some guidance. What they've done at a bond market, frankly, is almost bordering on the criminal because it'll take generations to fix this.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode