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23min chapter
5/10/22: Economic Turmoil, Biden's Speech, Elon Comments, Baby Formula, New Press Sec, Starbucks Workers, & More!
Breaking Points with Krystal and Saagar
The Impact of Fed Rate Hikes on the Economy and Banks
This chapter discusses the potential impact of Fed rate hikes on the economy and banks, highlighting the fear of triggering a recession if rates increase too quickly. It explores the tightening of capital, concerns about further recessions and job losses, and the effects on financing and expansion plans for businesses.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode