he so what s the problem here? theo he was the onene soundin sougm 1 the alarm on inflation and early twenty , twenty one year as well. what is it. ? is it risk management or the interest rates? well? , it s both. int but, you know, the low interest rates is what led to all the excessive risk taking and so did the moral hazard ofe the two eight two thousand nine bailouts. wall street learned the lesson. wall s that you can gamble and if youit win, you keep the profits. if you lose, the governmentn fo bailed you out. so that was part of the reason for the risk taking. but also government regulation, banking regulations, encouraged all banks to load up and on treasuries and mortgagefavora backed securities because of the favorable way they re treated fo trr accounting purposes haircuts .. they don t have to take any haircuts. they d ofpolicy the mark o a market. and so it s government policyus that caused all thised all. intenone of it would have happened had we not had the zero percen
consumer prices up 7.1% year over year, the fed is targ erting 2% inflation, so fed chair jerome powell yesterday struck a pretty hawkish tone. he needs to see more proof that inflation is really cooling off. so that he is raising these concerns that the fed is going to have to keep raising rates and going to have to keep them high, and at some point that could do some more damage to the economy. all right. just a few minutes more until that closing bell. we ll see where the market goes. matt egan, thank you. thank you. thanks, matt. up next, a capitol police sergeant is opening up to cnn about his resignation from the force after he found a trump photo taped to his computer. that interview up next. is sensational.. it s truly an all-s-star lineu. try it today. i was born on the south side of chicago.
he received immediate medical treatment on site which continues as he was transferred by ambulance to general hospital we offer our deeps condolences. but new tonight a special correspondent for the sunday times claiming that press box had no defibrillator. there have been rumors swirling around the journalist unexpected death especially since he was very vocal critic of the governments and planning committee. his own brother believes there may have been foul play involved but we do know that wall had bronchitis and witnesses say he had reported feeling ill in the days and hours leading up to his death u.s. state department has confirmed that it is working to return wall s remains back here to the u.s. lawrence. lawrence: so shady to me. marianne thank you for joining us for the breaking news. now to fox news alert out of coleman florida for a story that sounds straight out of the the netflix narco and notorious drug lord known for decapitating victims missing from federal
he received immediate medical treatment on site which continues as he was transferred by ambulance to general hospital we offer our deeps condolences. but new tonight a special correspondent for the sunday times claiming that press box had no defibrillator. there have been rumors swirling around the journalist unexpected death especially since he was very vocal critic of the governments and planning committee. his own brother believes there may have been foul play involved but we do know that wall had bronchitis and witnesses say he had reported feeling ill in the days and hours leading up to his death u.s. state department has confirmed that it is working to return wall s remains back here to the u.s. lawrence. lawrence: so shady to me. marianne thank you for joining us for the breaking news. now to fox news alert out of coleman florida for a story that sounds straight out of the the netflix narco and notorious drug lord known for decapitating victims missing from federal
he received immediate medical treatment on site which continues as he was transferred by ambulance to general hospital we offer our deeps condolences. but new tonight a special correspondent for the sunday times claiming that press box had no defibrillator. there have been rumors swirling around the journalist unexpected death especially since he was very vocal critic of the governments and planning committee. his own brother believes there may have been foul play involved but we do know that wall had bronchitis and witnesses say he had reported feeling ill in the days and hours leading up to his death u.s. state department has confirmed that it is working to return wall s remains back here to the u.s. lawrence. lawrence: so shady to me. marianne thank you for joining us for the breaking news. now to fox news alert out of coleman florida for a story that sounds straight out of the the netflix narco and notorious drug lord known for decapitating victims missing from federal