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re: Silicon Valley Bank Collapse

Posted on 3/10/23 at 1:19 pm to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 3/10/23 at 1:19 pm to
seems the general belief is there won’t be contagion from this bank collapse or the collapse of Silvergate, but I do wonder if this influences the Federal Reserve at all and has them consider pausing the rate hikes
Posted by Big Scrub TX
Member since Dec 2013
33599 posts
Posted on 3/10/23 at 1:46 pm to
quote:

but I do wonder if this influences the Federal Reserve at all and has them consider pausing the rate hikes
I predict that people that have been desperately hoping for the pivot and now want to read this as FINALLY THE PIVOT IS HERE are going to continue to be sorely disappointed.
Posted by timdonaghyswhistle
Member since Jul 2018
16326 posts
Posted on 3/10/23 at 1:48 pm to
quote:

but I do wonder if this influences the Federal Reserve at all and has them consider pausing the rate hikes


Not a chance.
Posted by Ten Bears
Florida
Member since Oct 2018
3323 posts
Posted on 3/10/23 at 2:24 pm to
quote:

, but I do wonder if this influences the Federal Reserve at all and has them consider pausing the rate hikes


I sure as hell hope not. The Fed needs to be more aggressive. Rates can always be dialed back, but these just the tip rate increases are simply exacerbating the problem. Getting inflation under control has to be the focused mission of the Fed. Collateral damage be damned.
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