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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, March 22, 2023
Description: Today's Post - https://bahnsen.co/3TAGcni
All that matters today is what the Fed did and said. And what they did was raise rates a quarter point. And what they said was that “financial conditions have tightened” (well, there you go). And he said that these tighter financial conditions and tougher lending criteria from banks will “factor into their policy decisions” (phew).
As for a First Republic deal – the bank whose depositors basically now have a backstop from the FDIC but has now seen enough deposit withdrawals to warrant a deal with a bigger back to sh...