What’s Going On With Banking and Inflation?
By: Connor Smithee, Multimedia Marketing Specialist / Mar 24, 2023
This podcast is a recording from our recent Town Hall hosted by our Vice President of Investor & Corporate Relations Omar Cuevas.
Recently, Silicon Valley Bank was closed by state banking regulators, and New York officials did the same to Signature Bank. What does this say about the stability of the banking system? Additionally, inflation continues to be higher than economists’ expectations. Our guests help explain these complicated economic situations and inform how you and your business can be prepared.
Guests:
Dr. Logan Jones, Dean of the School of Business at Ferris State University
Ben VerWys, Founder & Senior Financial Advisor of Founder of Fiduciary Financial Advisor
Links:
- New York Times article: https://www.nytimes.com/interactive/2023/03/18/business/why-people-are-worried-about-banks.html
- Federal Reserve Inflation graph: https://fred.stlouisfed.org/series/M2SL