bring down inflation or ease up on the fight to calm the banking sector. downplayed the federal reserve through all of this. we started out the sa santa clas by bringing zero interest rates which pushed people out of saved investments into venture capital. they became the arsenate dome arsenate during covid m no one would loan it to us the $5 trilf thin air and that caused inflation. but don t worry, they came in as the firefighters to put the fire out by dousing it with high interest rates. now, they are like the triage doctor to stabilize the patients, which are the banks. ashley: alexandria hoff with more from washington, alex. good morning, the federal reserve is in a tricky spot with rising consumer prices being revealed today. it has led to a rate hike but giving the turmoil the interest rates have caused the fight against inflation may have to be placed on hold. it was an attempt by silicon valley to lower interest rate risk which led to selling off securities we
by dousing it with high interest rates and now they re like the triage doctor trying to stabilize the patients, which are the banks. ashley: alexandria hoff is live in washington, good morning. alex alexandria: it would have led to another rate hike, that fight against inflation may have to be placed on hold. it was an attempt by silicon valley bank that led to selling off of securities. by thursday, stock began to nose dive and by friday regulators shut it down. sunday signature bank suffered the same fate and emergency measures were enacted. president biden tried to provide reassurance yesterday. president biden: americans can have confidence that the banking system is safe, deposits will be there. small businesses across the country is breathe easier knowing they will be able to pay their workers and bills and hard working employees can breathe easy. no loss and this is important points, no losses born by the taxpayers. biden administration says since investors were
awesome, totally off? somewhat from? a key line at fast times at richmond high. fred hamilton does a with a coffee, typically comes out of the bathroom. wonderful, wonderful, wonderful, is a reference to steve martin s film l.a. story. he says it when he s falling in love. and here i thought it came to mind because you saw me in canary a yellow. that is what inspired it. anyway it was a cinematic theme. i like the fun facts to start the show. that is awesome. very good, you are awesome t.j.. talk to you guys. good evening everyone, i am laura coates in washington, and i am alison camera auto in new york. this is cnn tonight. we are here not just received the pop culture pan from jake pat tapper, but we are also here with our panelists from across the political spectrum. there is one team here in washington with me and the others in new york with me. basically we have so much news we need to studios. it does not fit in one. so let s start with all of the
the final report before the fed meets next week. you re watching fox and friends first, i m todd piro. ashley: i m ashley strohmier in for carley shimkus. the new york post cover this morning warns you will pay for bailouts if you do business with u.s. banks and uncertainty surrounding the federal reserve s next mutual, will it raise interest rates to fight inflation or lower them to calm the banking sector? don t downplay the federal reserve in this, they started by santa clause bringing zero and then became the arsonist during covid. congress wanted to spend and the fed created $5 trillion out of thin air and that caused inflation. don t worry, they came in as the firefighters to put the fire out
1950s. again, i think that is a bit of a headline, as opposed to what mara is talking about. i think it sounds good to go back before school shootings and kids could ride bikes after dark. there is a feeling don t downplay that, that is a motivator for people, but i don t know that we can go back there, instead of problem solving now. when you look at the groups that won the most to go back to that time, it s very instructive, because when you see for example, the group that wanted to go back the most, the largest percentage for whites without a college degree. a group that wants to go back the least are blacks. you can learn a lot about what people think about in the time period by want to go back and who does not. laura, your thoughts. i have to tell you, nostalgia is only as good as those who benefited from the memory. i think that is part of what mara is alluding to. well i certainly do know the theme song for the andy griffin show, i do like watching it, it s not an era