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From executive producer Isaac Saul, this is Tangle.

This is Tangle.

Good morning, good afternoon and good evening and welcome to the Tangle podcast, the place we get views from across the political spectrum, some independent thinking without all that hysterical nonsense you find everywhere else.

I'm your host, Isaac Saul, and on today's episode, we're going to be talking about the interest rate hikes at the Fed, what they mean, what it means for inflation and the banking crisis.

And as always, before we jump in, we'll start off with some quick hits.

First up, First Citizens Bank agreed to purchase $72 billion of Silicon Valley Bank's assets,

while another $90 billion will stay in FDIC receivership.

Number two, at least 26 people were killed and dozens more were injured after 12 tornadoes

touched down in Mississippi and Alabama over the weekend.

Number three, Israeli Prime Minister

Benjamin Netanyahu fired his defense minister on Sunday after the minister publicly criticized

his judicial reforms. Netanyahu may pause those reforms after the continued widespread

protests. Number four, Russian President Vladimir Putin said Russia will station tactical nuclear weapons

in Belarus, though there is no evidence it has moved the weapons yet. Number five, the Los Angeles

Unified School District said it struck a deal with school employees to end a strike in the

country's second largest district.

Music in the country's second largest district. The Federal Reserve has raised interest rates again by another quarter of a percentage point.

...