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:
-
- 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
The content presented is for informational purposes only and is not intended as offering financial, tax, or legal advice, and should not be considered a solicitation for the purchase or sale of any security. Some of the informational content presented was prepared and provided by Lone Beacon Media, LLC dba Lone Beacon, while other content presented may be from outside sources believed to be providing accurate information. Regardless of source no representations or warranties as to the completeness or accuracy of any information presented is implied. Lone Beacon Media, LLC is not affiliated with the Advisor, Advisor’s RIA, Broker-Dealer, or any state or SEC registered investment advisory firm. Before making any decisions you should consult a tax or legal professional to discuss your personal situation.
Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities, Matthew Chapman Peck, CFP®, CIMA®, Derek Louis Gregoire, and Keith Winslow Ellis Jr. are independent licensed insurance agents, and Owners/Partners of an insurance agency, SHP Financial, LLC.. In addition, other supervised persons of SHP Wealth Management, LLC. are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.
