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US Considers 100% Deposit Guarantee And Credit Suisse Bankers Flood Headhunters

Bloomberg Daybreak: Europe Edition

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Central Banks and Financial Stability

The central banks are going to be the people providing cash if you need it. There is a degree of kind of clubishness and in some ways which is a good thing between banks and the people they regulate. In general I think there's not no matter how hard central bankers try to jump away from this at this moment people will always look at them. The backdrop to all of this course is rising interest rates from central banks as well. This presenting central banks with the dilemma of trying to bring down inflation but also managing financial stability. Can those two things really both be managed by the same authorities? I think in the end they probably have to.

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