Expert: Interest rate hikes in the U.S. are key behind fall of SVB

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Inflation in the U.S. is still rising at a fast pace of 6 percent after eight jumbo rate hikes from Federal Reserve. The Silicon Valley Bank (SVB) collapse has only complicated the Fed's strategy. Chen Jiahe, chief investment officer at Novem Arcae Technologies, says interest rate hikes are key behind the fall of SVB.