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CNN
CNN
13 Mar 2023
Matt Egan

The Fed needs to stop raising rates now, former FDIC chair says after Silicon Valley Bank failure | CNN Business

https://am1.news/usconservative/topic/fq/6-slug-the-fed-needs-to-stop-raising-rates-now-former-fdic-chair-says-after-silicon-valley-bank-failure-cnn-business
NextImg:The Fed needs to stop raising rates now, former FDIC chair says after Silicon Valley Bank failure | CNN Business

Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of Silicon Valley Bank is exactly why the Federal Reserve needs to halt its war on inflation.

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