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Marketplace

Regional banks aren’t out of the woods yet

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 16 June 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

It’s been about three months since the failure of Silicon Valley Bank sparked turmoil among regional banks. While the dust is somewhat settled, regional banks still have significant unrealized losses. Today, we’ll check in with some of those still standing. We’ll also discuss the road ahead for the Federal Reserve and examine the backlash against corporate backpedaling on LGBTQ support.

Transcript

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0:00.0

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1:32.0

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1:50.0

How consumers are feeling about the economy, how the Fed is feeling about the economy, and can any of us actually make sense of what's going on in the economy?

1:59.0

From American public media, this is Marketplace.

2:02.0

In Washington, D.C., I'm Kimberly Adams, Infercibe Rizdolm. It's Friday, the 16th of June. It's good to have you along everyone.

2:18.0

It was a busy week for economic news. The Federal Reserve met and held interest rates steady.

...

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