
Credit Suise AT1 Debt and a First Republic Downgrade
Bloomberg Daybreak: Asia Edition
00:00
Are We Going to Have a Banking Crisis?
The Federal Reserve has been raising rates to combat inflation, and we think that they will continue to do that. We welcome that because the whole idea of zero borrowing is just gone. The Fed has to win the fight against inflation. That's their number one job. So the continuation of the Fed rate hikes will just continue to tighten the money supply and the liquidity.
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