Fed Pause Ahead?, Overseas Opportunities, and Hold on to Your Staplers! 4/4/23
The Exchange
00:00
The Unprecedented Growth of the Fed's Zero Interest Rate Policy
Steve Leeson: Are we to expect these types of growing pains as a way of getting out of some of those policies do people pour money into money market funds that buy short term treasuries and that's going to force rates lower at the same time the Fed is trying to raise them. He says for now what we've seen is mostly the runoff has come in a very specific subset of banks. It hasn't been across the board necessarily, he adds. Steve Lee: How big of a deal is it for the local economies and small businesses if there is a credit crunch for some medium and large sized businesses? If you think about money that might have left local community bank and went into
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