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The Fed’s Balancing Act, Wall of Worry, and Box Office Blues 3/31/23

The Exchange

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The Fed's Response to Bank Regulations

Ethan Zuckerman: Banking should absolutely be able to make profits. He says when banks load up on risk, they put depositors at risk and small businesses at risk. The Fed could just focus solely on inflation now it's got to worry about financial stability, he says.Zuckerman: If that credit channel starts to show itself the idea of credit turmoil is a possibility.

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