Surveillance: Markets with Wu Silverman
Bloomberg Surveillance
00:00
The Last Resort: Bank of America's Decision to Cut Rates
We can see gappy types of moves, Tom. We've seen it a few times this year, certainly around the Silicon Valley Bank. Michael Gaping: I like the idea of the last resort. They really don't want to cut rates. What does history tell us about when they do cut rates? And so debt ceiling goes really astray.
Play episode from 21:14
Transcript
