adds another element to the equation: concern about the stability of the banking system.
Some analysts have argued that SVB’s experience was relatively idiosyncratic and based on poor risk management decisions by the technology-focused lender. “But there is a concern here that when you think about the Fed tightening further, financial stability relative to price stability is a trade off that we haven’t really seen since the savings and loan crisis back in the 1980s and 1990s.”
Just going to have to live with higher inflation rates instead
They should continue as planned, the rate hikes are what's exposing the societal rot
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