25 min listen
SQUAWK BOX, THURSDAY 23RD MARCH, 2023
ratings:
Length:
28 minutes
Released:
Mar 23, 2023
Format:
Podcast episode
Description
The U.S. Federal Reserve raises interest rates by 25bps and hints that the hiking cycle may be close to ending. A cautious Jerome Powell says that recent banking sector turmoil could trigger a credit crunch. U.S. Treasury Secretary Janet Yellen back-tracks on deposit backstops causing equities to plunge and banks to sell off. We also preview upcoming central bank moves at the Bank of England as the UK struggles to bring down inflation as well as at the SNB following the Credit Suisse collapse. In crypto news, the U.S. SEC accuses Coinbase of potential security violations. Bitcoin, however is touching on nine-month highs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 23, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 27TH MARCH, 2019 by Squawk Box Europe Express