2min chapter

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Fed Downplays Bank Crisis As Another Bank Teeters | Jim Bianco

Forward Guidance

CHAPTER

The Importance of Assessing Rates

I thought his, I actually thought his question was actually pretty good. He asked a question that, you know, we're getting close to neutral. We need to assess what it meant, that all the rate hikes that we've done so far. So why you keep raising rates if you need to assessment what you've done, stop and assess it? That means stop doing it and figure out what has happened for you not then, and then assess it along the way. It's just more confusion from the Fed. But I would maybe lean a little bit more on them there. And my bias is to ask him about more about the banks and how the Fed is viewing the banking system.

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