Sheila Bair urged Powell to stick to his stance on inflation.

image credit: Google.com

Bear is worried that the Fed's actions are exacerbating the current banking crisis.

[{"selector":"#anim-0bbb802b-218e-41a0-8bb0-faadb6cc2db6","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a733896-c658-43ac-bce6-b00b2a5a2c90","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae99fc90-1f8f-4ca4-a8d0-9596c27e6455","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-6592c198-ee44-477b-b755-194b94c8dd47 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-14.801136150051022%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

The Fed's antitrust measures have increased pressure on banks,

[{"selector":"#anim-30f827af-c6da-4f0c-9dcb-8f3fc405255e","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48093225-a9e0-472c-88c3-b81c479181ce","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2aa0069-04b1-4035-af2b-3204abd156e6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-e699e47f-2b71-433a-933e-f907ca93d867 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(13.480391935263174%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

which have posted losses despite upcoming interest rate hikes.

[{"selector":"#anim-369d1e5a-ec7b-4beb-84a7-4d11ae23504b","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-efca0828-784b-4604-a348-b3601cd176b5","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10ed2c14-c569-4347-a522-cd27ff989d6d","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b86a98a2-4744-41c5-9463-5747541c46f2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

Baer suggests pausing the fight against inflation to assess progress.

[{"selector":"#anim-61ff9e46-a0ef-4a7c-b75e-95a2ab9ab7f9","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-afd59e18-2f9d-4ab2-ad8f-b9a92436b474","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3f422a4-fd19-4056-9dc5-b85763c81597","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-a95de873-5488-4b4b-8514-dd9bfbfcd3f0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.353124886851486%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

A former FDIC leader cautioned against trying to change inflation too quickly...

[{"selector":"#anim-9a5b5e02-cc1b-47d0-a75e-98a6d41a806f","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21b00d4e-f1c1-4675-8fe9-36e9cd27fb0a","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0b8109c-a1e3-47c5-bd6e-a4a99f707b8e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-7a6d7c6d-6603-4633-a1c1-e6e2788b1967 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.581249876099815%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

...because it could have negative consequences.

[{"selector":"#anim-7869f4a8-0300-4f02-a46b-c6db266cdc5b","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a476034a-e73a-40c3-a44d-582e8999a650","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d98069cc-b0b4-41d0-8c8a-5d972c3a7502","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-50029768-eaa1-4ff7-b256-9b2abd373499 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.749999743628636%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

Bear says Powell could still show strength against inflation amid weakness.

[{"selector":"#anim-cc1bc9f4-dd97-4490-a1ef-b2f6441210dc","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e5f0848-ffed-47aa-be70-e97135a17a01","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a51929b-1db4-4ab0-b8dc-b0fb76d194b9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-0458ba29-7555-4dea-b00a-f6e4e92b7db1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

A bank failure could lead to a credit crunch, making loans more expensive for the public,...

[{"selector":"#anim-d8b3d0e8-ae4d-4f80-89d5-cf5a13b479cd","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81548800-debb-4d74-88d9-075fb5459be0","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6208fa17-6121-4591-9293-81cf6b6f7bbd","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-49b2461e-bbba-4823-ad8f-03ffee06ac79 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.71401709306694%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

...but the Fed is cautious about this potential risk.

[{"selector":"#anim-5f459f46-b394-4f01-88f4-9547fc733335","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae03aceb-907a-4126-83b7-12dd95e943a0","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-54380ca9-6cd9-46e8-80dd-c2b1612c977c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-edef746e-2d7a-4b2e-bbd8-e13c3f7a5414 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.788461312663369%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] image credit: Google.com

For More Webstories

[{"selector":"#anim-a729075a-7e89-4917-8bda-edf3b5c2bec1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f52d81cb-4c60-4500-b760-bacb5bb33a99","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] White Frame Corner image credit: Instagram.com Swipe Up

Sheila Bair urged Powell to stick to his stance on inflation.

By Rahul

2 May 2023

Bear is worried that the Fed's actions are exacerbating the current banking crisis.

By Rahul

2 May 2023

The Fed's antitrust measures have increased pressure on banks,

By Rahul

2 May 2023

which have posted losses despite upcoming interest rate hikes.

By Rahul

2 May 2023

Baer suggests pausing the fight against inflation to assess progress.

By Rahul

2 May 2023

A former FDIC leader cautioned against trying to change inflation too quickly...

By Rahul

2 May 2023

...because it could have negative consequences.

By Rahul

2 May 2023

Bear says Powell could still show strength against inflation amid weakness.

By Rahul

2 May 2023

A bank failure could lead to a credit crunch, making loans more expensive for the public,...

By Rahul

2 May 2023

...but the Fed is cautious about this potential risk.

By Rahul

2 May 2023

For More Webstories

Base Paper for Food Packing Market 2023 Analysis