Crypto bank’s ‘crisis of confidence’
FT News Briefing
00:00
Navigating Economic Turbulence: Fed Actions and Crypto Fallout
This chapter explores the Federal Reserve's struggle to combat inflation without triggering a recession, focusing on the impact of interest rate hikes on employment. It also examines the recent turmoil in the cryptocurrency sector, including the fallout from Silvergate Bank's challenges and the broader implications for crypto lenders facing layoffs and legal troubles.
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Transcript
