HomeMarketsU.S. Economy & JobsBanking System Not As Sound As Jerome Powell Put It

Banking System Not As Sound As Jerome Powell Put It

"There have been market rallies that get weaker into the close. The idea that the banking system is sound as Jerome Powell put it is not taking hold. Global central banks are taking a hawkish tone. Inflation is out there and the Federal Reserve is turning dovish. That means that inflation is either going to be sticky or the United States will have a weak economy," says Bob Iaccino.

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25 Mar 2023

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