3min chapter

Forward Guidance cover image

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

Forward Guidance

CHAPTER

Is There Such a Thing as Too Big to Fail?

Over the weekend, there was rumors that Silicon Valley Bank would be bought by a competitor. But it, but instead what happened is the FAC took it over directly. And I don't know, is the hunt for a match still on given that we have this backstop facility? This coming week's weekly quill will do a deep dive on a speech that J Powell made in 2013. About how the FDIC could structure getting through a bank that was really big.

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