Monetary Tightening & Banking System Impact On Markets
Schwab Network
English - March 25, 2023 18:46 - 6 minutes - 77.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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"The Federal Reserve acknowledged that the financial turmoil is likely to depress, and inflation guidance was softened in their statement. Jerome Powell and Janet Yellen's comments impacted the markets and equities were not excited from a valuation standpoint. The American taxpayer will not be responsible for everything as FDIC insurance will handle some," says Timothy Chubb.