What does a week of turmoil in the banking sector – with the collapse of California’s Silicon Valley Bank and the Swiss state-backed rescue of Credit Suisse – tell us about what central banks will do next with interest rates? And what does it all mean for your money and investments? Host Claer Barrett hears from Financial Times markets editor Katie Martin, and author of the FT’s Unhedged newsletter Ethan Wu.
Are banks on the edge of another 2008-style precipice?
Central banks announce dollar liquidity measures to ease banking crisis
Banking turmoil intensifies the need for better Federal Reserve policymaking
We’d love to hear from you. Please help us by filling in our listener survey at ft.com/moneyclinicsurvey. It will take you about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds!
If you would like to talk to Claer about a future episode, please email the Money Clinic team at [email protected] with a short description of your problem, and how you would like us to help.
You can follow Claer on Twitter and Instagram @Claerb
Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music.
Clips: BBC, CNN, CNBC, Bloomberg TV, ABC News
Read a transcript of this episode on FT.com