BREAKDOWN: The Banking System Broke; Will That Force a Fed Pivot?

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 14 March 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After CPI inflation data came in as expected, the market is betting on a 25 basis point rate hike. At this point, markets are racing to figure out what they believe the recent spate of U.S. bank failures means for monetary policy. Will the Federal Reserve stay the course? Will it be forced to pivot on raising interest rates? NLW brings you the debate as well as how the latest CPI inflation data affects the discussion. - “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with today's editing by Jonas Huck, research by Scott Hill and additional production assistance by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Nuthawut Somsuk / Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch
0:05.8	of a button.
0:07.0	Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths
0:11.8	solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville.
0:17.1	Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural
0:22.6	chills to far-off romances, every story comes alive through world-class narration.
0:28.5	Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers
0:34.4	that transport you from the very first word, because the next great
0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery UK. That's audible.com slash Wondery UK.
0:53.9	Welcome back to The Breakdown with me, NLW.
0:59.0	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
1:05.1	The breakdown is produced and distributed by CoinDess.
1:09.7	What's going on, guys?
1:15.6	It is Tuesday, March 14th, and today we are asking whether the breakdown in the banking system will force the Fed to pivot.
1:17.9	Before we get into that, however, if you are enjoying the breakdown, please go subscribe
1:20.8	to it, give it a rating, give it a review, or if you want to dive deeper into the conversation,
1:24.6	come join us in the Breakers Discord.
1:26.3	You can find a link in the show notes or go
1:27.5	to bit.ly slash breakdown pod. All right guys, it continues to be interesting times and today was
1:33.8	supposed to be the big financial event of the week with the CPI report. So let's pick up the
1:39.2	story from where we left off yesterday and see if the CPI report actually had as much significance as it might
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.