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Should I be worried about all the bank failures?
Podcast |
Post Reports
Publisher |
The Washington Post
Media Type |
audio
Podknife tags |
News & Politics
Categories Via RSS |
Daily News
News
Politics
Publication Date |
Mar 20, 2023
Episode Duration |
00:18:31

Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.

Read more:

Another week, another banking calamity. 

On Sunday, Swiss banking giant UBS came to the rescue of its rival, Credit Suisse. It was the first near-collapse of a European bank on the heels of three regional bank implosions in the United States.

Economics reporter Abha Bhattarai helps us decipher all the bank failures over the past couple of weeks. And as the Federal Reserve meets this week, Abha explains how its interest rate hikes have contributed to the instability of the financial sector.

Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.

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