Macro Musings with David Beckworth cover image

Kate Judge and Peter Conti-Brown on the Lessons Learned from the 2023 Banking Panic

Macro Musings with David Beckworth

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The Importance of Supervisory Information

A Bloomberg article came out about the supervisory failures. It had a certain vibe to it that it was almost like the San Francisco Fed was trying to defend itself, put out some good PR. I think it's an accurate impression, but I think it speaks to a much deeper challenge. The regulatory scheme is always going to be incomplete.

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