What the Silicon Valley Bank fallout could mean for the next Fed rate hike


As recently as last week, Federal Reserve chair Jerome Powell signaled the central bank is prepared to quicken the pace of interest rate increases, to a level that would likely exceed Wall Street forecasts.But following the recent collapse of three banks—Silicon Valley Bank (SVB), Signature Bank, and Silvergate—the Fed’s path suddenly looks uncertain. AdvertisementThe closure…

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