Fed Hikes Rates Despite Banking Crisis Spreading
The Loonie Hour
00:00
The Fed's Pre-Emptively Cuts Rates
If there really was a banking crisis, I think the Fed will be very strong. The large, systemically important banks are actually under capitalized. There's 4200, 4500 banks in the United States. Regional banks are under a significant amount of pressure due to exposure to real estate market and MBS.
Transcript
Play full episode
