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"Forced" or not, they still raised rates. They could have done otherwise, which would have been disastrous.
by sanxiyn 3y ago
"Forced" or not, they still raised rates. They could have done otherwise, which would have been disastrous.
- landemva 3y agoThey followed war events in a reactionary manner. It would be cheaper and transparent to set rates algorithmically. The Fed can stay in business by continuing to inadequately regulate banks like SVB.