2min chapter

Forward Guidance cover image

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

Forward Guidance

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode