In this episode, Uzair talks to Dr. Aaron L. Jackson about the collapse of Silicon Valley Bank and the strains we are seeing in the US banking sector. We also talk about rising rates, why the Fed is being so aggressive, and the outlook for inflation and the US economy.
Aaron L. Jackson is the Senior Associate Dean of Business, and Professor of Economics at Bentley University, where he has also served as Chair of the Economics department.
Aaron’s academic interests in teaching and research focus on macroeconomics and monetary policy. He has publications in a number of journals including Applied Economics, the Journal of Macroeconomics, Economic Inquiry, Review of World Economics, and Macroeconomic Dynamics, among others.
Aaron has periodically provided expert commentary on monetary policy and the macroeconomy to various media both locally and nationally.
Chapters:
0:00 Introduction
2:00 The financial crisis and its implications
15:00 Inflation and asset prices
21:32 Inflationary pressures and higher rates
37:00 SVB’s collapse and bank runs
49:15 Conclusion
