{"id":52145,"date":"2023-05-16T08:41:17","date_gmt":"2023-05-16T03:11:17","guid":{"rendered":"http:\/\/finservwealth.com\/svbaes-former-ceo-says-fed-social-media-contributed-to-bankaes-collapse\/"},"modified":"2023-05-16T08:41:17","modified_gmt":"2023-05-16T03:11:17","slug":"svbaes-former-ceo-says-fed-social-media-contributed-to-bankaes-collapse","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/svbaes-former-ceo-says-fed-social-media-contributed-to-bankaes-collapse\/","title":{"rendered":"SVB\u00e2\u20ac\u2122s former CEO says Fed, social media contributed to bank\u00e2\u20ac\u2122s collapse"},"content":{"rendered":"<p> \u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March.<\/p><div id=\"finse-555485805\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/world-news\/svb%C3%A2%E2%82%AC%E2%84%A2s-former-ceo-says-fed-social-media-contributed-to-bank%C3%A2%E2%82%AC%E2%84%A2s-collapse_17004821.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0\u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March. \u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/world-news\/svb%C3%A2%E2%82%AC%E2%84%A2s-former-ceo-says-fed-social-media-contributed-to-bank%C3%A2%E2%82%AC%E2%84%A2s-collapse_17004821.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> \u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/world-news\/svb%C3%A2%E2%82%AC%E2%84%A2s-former-ceo-says-fed-social-media-contributed-to-bank%C3%A2%E2%82%AC%E2%84%A2s-collapse_17004821.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0\u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March. \u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/world-news\/svb%C3%A2%E2%82%AC%E2%84%A2s-former-ceo-says-fed-social-media-contributed-to-bank%C3%A2%E2%82%AC%E2%84%A2s-collapse_17004821.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> \u00e2\u20ac\u0153The messaging from the Federal Reserve was that interest rates would remain low and that the inflation that was starting to bubble up would only be \u00e2\u20ac\u02dctransitory,\u00e2\u20ac\u2122\u00e2\u20ac\ufffd Becker said in written testimony prepared for a US Senate Banking Committee hearing Tuesday focused on Silicon Valley Bank and Signature Bank, both of which were seized by regulators in March.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-52145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/s\/svb-kpmg-bbo_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/52145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=52145"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/52145\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=52145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=52145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=52145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}