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MNI PODCAST: FedSpeak-Bair Sees Long Fed Hold, Watching Banks

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EXECUTIVE SUMMARY
  • The Federal Reserve is likely to keep interest rates on hold for longer than Wall Street thinks, perhaps into next year, former FDIC Chair Sheila Bair tells MNI.
  • Bair thinks stimulative fiscal policy is likely to keep inflationary pressures percolating through the economy.
  • The former banking regulator said she's still watching regional institutions for signs of vulnerability -- and worries that although regulators are doing a better job on oversight, any new bout of bank failures could fuel instability.
Listen to the full podcast here.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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