Prologue Journal

Silicon Valley Bank’s Failure Is a Federal Reserve ‘Success’

• prologu5
• 05/18/202305/18/2023

Wall Street Journal

Greg Becker reveals that forward guidance worked all too well by encouraging SVB to pretend rising inflation was ‘transitory.’

https://www.wsj.com/articles/silicon-valley-banks-failure-is-a-federal-reserve-success-fed-business-transitory-management-e88b14fa