In our first podcast episode about Silicon Valley Bank, we ended with a cliffhanger as we were waiting to hear what the Federal Reserve and Chairman Powell would do next. Now, in this episode, we will explain why the Fed decided to raise interest rates, and how it could affect the whole economy.
In this podcast discussion, you’ll learn:
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- How the Federal Reserve has chosen to respond to the collapse of Silicon Valley Bank
- Why they have chosen to continue raising interest rates
- How our economy could be impacted by these rising interest rates.
Inspiring Quotes
- “Chairman Powell mentioned how the bank runs, the very issues that were happening to these banks, actually is doing the Federal Reserve’s job.” – Matthew Peck
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