Thanks Fed! The FDIC Dunk Tank Awaits More Victims

There was a lot of jaw-flapping this AM about the Fed’s impending increase of its policy rate to 5.25%. That happens to equal the peak rate attained during the 2004-2006 tightening cycle, and represents, according to the talking heads, a pretty punishing climb from the zero bound where it stood in March 2022. The point […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.