The Fed’s near-zero interest rate experiment was destined to have unintended consequences. Backstopping SVB’s collapse is just the first one

Good morning. Well, that was fast. The U.S. government yesterday effectively eliminated the cap on Federal Deposit Insurance, telling depositors at Silicon Valley Bank and at another failed bank—Signa...

The past two decades of low inflation and near-zero interest rates were an ‘aberration,’ BofA says. Get ready for an economic ‘regime change’

Inflation and higher interest rates may be here to stay as a new paradigm has emerged for the global economy. At least that’s what Bank of America’s team of investment strategists argued this week. An...