BizBeat Ep.613: U.S. Fed in a bind to raise rates

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The failures of Silicon Valley Bank and Signature Bank have brought to the fore the view that monetary policy needs to be more restrained. With inflation still high in the U.S. and the ongoing turmoil in the banking sector, the Federal Reserve chose to raise the rates. In this episode of BizBeat, CGTN Michelle Van den Bergh explains.