How much of a threat is TikTok?
Amanpour
00:00
The Failure of Silicon Valley Bank
I think on this latest round of interest rate increases they got it just right, Walter. If they had not raised rates then it would have signaled to the market that the financial crisis is worse than it probably is at the moment. So 25 basis points is perfect. And you say it's because this banking crisis is not spiraling out of control in your opinion and Chairman Powell's opinion. Why not? Because I think in each case in each bank that has failed in the last few weeks has a sui generous aspect to it.
Play episode from 39:33
Transcript
