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Financial Sector Needs To Be Trusted For Economic Stability

Schwab Network

English - March 13, 2023 22:17 - 6 minutes - 79 MB - ★★★★★ - 23 ratings
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"It is scary to see banks collapse and an uncertainty in the financial sector. On the positive side, regulators are acting fast versus the previous recession when major averages dropped 50%. Recent employment reports were putting more pressure on the Federal Reserve to be more aggressive. That came into question recently as they have a mandate to protect financial stability. We cannot have a functioning economy if the financial sector is not trusted," says Kayla Bruun.