https://www.bnnbloomberg.ca/fdic-chief-says-us-ready-if-big-wall-...

https://www.bnnbloomberg.ca/fdic-chief-says-us-ready-if-big-wall-street-bank-ever-failed-1.2057361


FDIC Chief Says US Ready If Big Wall Street Bank Ever Failed


So first the Fed starts talking about possible rate rises out of nowhere when earlier we were looking at 6 rate cuts. Then we get a very hot CPI number (surprise?), which if you annualise it brings tears to even a perma bull. Translation = inflation running way higher. Now we see this rubbish about being prepared for major bank failures?

Funny enough this comes just as it seems we are about to be hit with another bank crisis? So what are the Fed and Govt trying to prepare us for? Good luck all its only money hehehe.