Vested Interest: The Fed’s Big Decision
Start Here
ABC News
4.5 • 6.4K Ratings
🗓️ 22 March 2023
⏱️ 25 minutes
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| 0:00.0 | It's Wednesday, March 22nd. |
| 0:02.0 | If you do bank runs have been caused by doing something, would you just keep doing it? |
| 0:06.3 | You start here. |
| 0:07.3 | Economists brace for the Federal Reserve to bump up interest rates again. |
| 0:14.4 | This is a really tricky moment for the Federal Reserve. |
| 0:17.6 | All the questions you might have been afraid to ask, including, why are the bankers so afraid? |
| 0:22.0 | Pencils down, picket signs up. |
| 0:24.0 | To see a people for several blocks down here. |
| 0:26.4 | Thousands of teachers have walked off the job in Los Angeles. |
| 0:30.2 | And they weren't just dooping Trump supporters. |
| 0:32.2 | They were allegedly punishing employees who wouldn't. |
| 0:35.0 | He felt the Fox League was conditioning her and intimidating her. |
| 0:39.2 | The latest in a series of lawsuits against Fox News. |
| 0:44.4 | From ABC News, this is Start Here. |
| 0:47.2 | I'm Brad Milky. |
| 0:48.2 | If you lived through the big bank collapses of 2008, you might have felt this sinking feeling |
| 1:00.7 | as banks began to report problems in recent weeks. |
| 1:03.8 | When two banks failed, it was one thing, but then other banks seemed to verge on insolvency |
| 1:08.0 | as well, including a really big one, Credit Suisse. |
| 1:10.6 | Investors buoyed after UBS stepped into buy some battled smaller rival Credit Suisse. |
| 1:14.8 | Yet as that's wrapped itself up, experts are quick to point out this is completely different |
| 1:19.0 | from 2008 for one huge reason, which is the underlying problems with these banks are |
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