Bank Failure Hearings, the Fed's Path Forward, and a Recession Forthcoming? 03/28/23

Bank Failure Hearings, the Fed's Path Forward, and a Recession Forthcoming? 03/28/23

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  • Episode
    • 573
  • Published
    • 28. mar. 2023
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Episode
573 of 1289
Længde
45M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

U.S. lawmakers are kicking off two days of hearings on Capitol Hill today to investigate the collapses of Silicon Valley Bank and Signature Bank. Former Deputy Treasury Secretary Sarah Bloom Raskin weighs in on what to expect. Plus, BlackRock says markets are wrong about the Federal Reserve's rate hiking campaign as the central bank remains firm in its fight against inflation. Horizon Investments' Zachary Hill gives his take. And, DoubleLine Capital CEO Jeffrey Gundlach says a recession is imminent as turmoil in the banking sector rolls on. Payne Capital Management's Courtney Garcia discusses what she's seeing.

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