Surveillance: Rate Cuts with Peterson
Bloomberg Surveillance
00:00
The Bank Crisis: AFeature, Not a Bug, the Fed Policy
Meringue: Treasury is trying to exude calm and stress as the Federal Reserve's helped them do earlier this week. He says acting unilaterally to provide unlimited backstop would have gotten a lot of blowback if she'd committed that. Meringue: As long as we can manage through this, it probably helps Fed attack inflation.
Play episode from 21:43
Transcript
