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Banking Crisis Puts Pressure on Central Banks

The Loonie Hour

CHAPTER

Is the Fed Engaged in Zero Interest Rate Policy?

One of the big Canadian banks, I won't say which one, they immediately sent out an email, we're having an emergency call for everyone for analysts and stuff. One view that will come out and will say, you know what, that this is one bank,. It's a very unique specific story to one bank and therefore don't worry about anything else. The other thing is, without the chief, you know, financial officer or risk officer, sorry, not being around, it's what banks do anyway. So most I would imagine, I encourage everyone for the weekend, pull offline, one of the big five or six Canadian banks, ignore all the fluffy stuff in the beginning,

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