On: How many banks are in danger?

[singleshot_]

> One would think, as you put on the parachute before jumping out of a plane, that the Fed would have checked that raising interest rates to combat inflation would not tank lots of banks.

Well, that’s not what I would have thought but it’s refreshing to run across an optimist now and again.

[kevviiinn → singleshot_]

I don't think it's the Fed's responsibility to make sure a private business isn't doing dumb things outside of the regulatory purview

[kevinventullo → kevviiinn]

And even if it was, they have been extremely consistent about telegraphing rising interest rates for a while now.