Webcast: The State of the Economy and the Banking Crisis
In our April Edition of Fortunato & Friends, Chief Economist Ed Fortunato sits down with Laura Gamble, regional president of Greater Maryland and the Northeast territory executive for PNC Bank, discussing money management and inflation control. Topics included the downfall of Silicon Valley Bank, digital currency, global relations with China and federal intervention.
2:52 – What is the FDIC?
7:17 – Crisis at Silicon Valley Bank
13:08 – Managing money online
17:55 – Will the Fed allow banks to clear checks in minutes instead of days?
23:12 – What was the cost of insurance before the crisis?
34:36 – What happens when banks stop lending money?
39:35 – What’s holding us back from expanding into China?
46:38 – Legislative action around stress tests
53:19 – Fed actions to curb inflation
Please join us on Tuesday, May 9th, 2023, at 2 p.m. ET for Fortunato & Friends, a webcast series featuring our Chief Economist Ed Fortunato and special guest, Dana Peterson, Chief Economist & Center Leader of Economy, Strategy & Finance at The Conference Board.
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