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The Problem with Pausing, Charles Schwab CEO, and Bet on Housing? 3/14/23

The Exchange

00:00

The Fed's Backstop of SVB Is Only Adding Fuel to the Fire

Many have been calling for the Fed to pause rate hikes. But Larry Lindsey says they're misunderstanding the nature of this situation. Inflation is still stubbornly high. The Fed should keep hiking past the point at which something breaks, he says.

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