6min chapter

Hidden Forces cover image

Is the Banking Crisis Over or Has It Just Begun? | Jeff Snider

Hidden Forces

CHAPTER

What's the Market Signals Saying All Along?

Last week, the ECB hiked rates by 50 basis points to a record-low of 0.25%. Jeff Kagan: The chances of the Fed turning around are not just near... I mean, nothing's ever for certain, but it says near certain in the market as anything could ever be. He adds that financial intermediaries who play an indispensable role in maintaining orderly markets and in the provisioning of credit and liquidity are adjusting their risk outlook after last week's events.

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