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Danielle DiMartino Booth: A Banking Panic Makes The Fed’s Job More Difficult

Forward Guidance

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I Don't Take a Loan From Silicon Valley Bank

The Federal Reserve raised drastically last year. So banks took on tons of interest rate risks because rates were at zero. Now they're not. They're at 4.75%. The reason that Silicon Valley Bank was taking in so many deposits is because it was the place to bank.

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