The Fed's Balance Sheet Jumped $300B Last Week. Is That Inflationary?
The Breakdown
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What's Going on With Credit Suisse?
Ramit Sethi: This is going to be a combination of summary and analysis. There's so much going on that I actually think having a little bit of a summary of a whole bunch of different things will help us understand where we are, what the next week or two looks like. He says Credit Suisse was experiencing liquidity issues when UBS bought it for about $3 billion in change. The Swiss central bank is providing a $100 billion credit facility to this entity that UBS has acquired now. Look at the implications of the bank term funding program and so much more.
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