Stagflation Is Hiding Around The Corner, Unless We Curb Inflation Now

Bad bank risk management should not dampen monetary policy, notes William Lee. He talks about how markets trading lower into the weekend and are on pace for a down week. He discusses the takeaways from recent market performance, as well as the market impact of another Fed rate hike. He suggests that unless inflation is reduced quickly, we risk having to fight an even more difficult enemy, stagflation. He also goes over how European bank supervisors were more proactive and effective in stemming systemic risk. He also highlights the potential impact of bank failures on monetary policy. Tune in to find out more about the stock market today.