
Sign up to save your podcasts
Or
When inflation is high, the Federal Reserve has historically raised interest rates. But the recent failures of banks like Silicon Valley Bank have sparked worries about the stability of our banking system. Now the feds must weigh whether the banking system could withstand the turmoil that raising interest rates could bring. To get inside the mind of Fed chair Jerome Powell, we look to a previous era of high inflation, the late 1970s and early ‘80s, and the decisions of then Fed chairs Arthur Burns and Paul Volcker.
Today, we talk about what's next. Read the full transcript here.
Host: Gustavo Arellano
Guests: L.A. Times economics reporter Don Lee
More reading:
Did deregulation lead to Silicon Valley Bank’s collapse?
Federal Reserve officials sound warnings about higher rates
U.S. inflation eases but stays high, putting Fed in tough spot
4.2
534534 ratings
When inflation is high, the Federal Reserve has historically raised interest rates. But the recent failures of banks like Silicon Valley Bank have sparked worries about the stability of our banking system. Now the feds must weigh whether the banking system could withstand the turmoil that raising interest rates could bring. To get inside the mind of Fed chair Jerome Powell, we look to a previous era of high inflation, the late 1970s and early ‘80s, and the decisions of then Fed chairs Arthur Burns and Paul Volcker.
Today, we talk about what's next. Read the full transcript here.
Host: Gustavo Arellano
Guests: L.A. Times economics reporter Don Lee
More reading:
Did deregulation lead to Silicon Valley Bank’s collapse?
Federal Reserve officials sound warnings about higher rates
U.S. inflation eases but stays high, putting Fed in tough spot
394 Listeners
111,044 Listeners
55,842 Listeners
2,239 Listeners
10,080 Listeners
2,400 Listeners
5,408 Listeners
5,975 Listeners
85 Listeners
15,326 Listeners
10,285 Listeners
1,446 Listeners
464 Listeners
1,076 Listeners
85 Listeners