2min chapter

Forward Guidance cover image

Danielle DiMartino Booth: A Banking Panic Makes The Fed’s Job More Difficult

Forward Guidance

CHAPTER

Is the Federal Reserve Indemnifying Interest Rate Losses?

The legislation passed yesterday was good. It is not a good thing, but it's preferable to the alternative where many of the regional banks go down. So you think that the backstop can limit banks being shut down by the FDIC? Yes,. There may be a shotgun marriage here or there, but the list, oh, so again, that's a silver lining, right?

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