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Go Ahead, Call It A Bailout

Political Gabfest

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Is the Fed Going to Hit a Plunge?

SVB failed to think about a strategy that would reduce risk at a time when interest rates were going to be rising. The Fed's in a tough spot here because for several months late last year, it really looked like inflation was plummeting. And so the Fed does have a hard job here. Inflation ends up hurting more people than unemployment does.

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