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To: ConservativeInPA

Will still put more pressure on banks, more banks will go under, more banks will “consolidate” with the big 4.

Just not as quickly as it would have been with a 1/2 point rise.


2 posted on 05/03/2023 11:04:55 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: C210N
Will still put more pressure on banks

I suspect some pressure. The FOMC must be treading lightly on interest rate increases due to so many banks holding crap bonds. The Taylor rule still indicates a need for much higher interest rates.

5 posted on 05/03/2023 11:09:19 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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