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Transcripts for BBCNEWS BBC News 20240604 03:02:00

To reassure the public. our banking system is sound and resilient, with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools, as needed, to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent events like this from happening again. earlier i spoke with alex horenstein, associate professor of economics, at the miami herbert business school. i began by asking him how significant the increase in interest rates were? well, i think the fed simply followed the market consensus. the market concensus was expected at 0.25 increase and that is what the fed did. unfortunately, i don t think the fed has a very good idea of what to do in this situation. ....

Banking System , Alex Horenstein , Interest Rates , Us Federal Reserve , Herbert Business School , Market Consensus , Market Concensus , 0 25 ,

Transcripts for BBCNEWS BBC News 20240604 04:02:00

Of the us financial system but the fed chairman spoke to reassure the public. our banking system is sound and resilient, with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools, as needed, to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent events like this from happening again. earlier, i spoke with alex horenstein, associate professor of economics, at the miami herbert business school. i began by asking him how significant the increase in interest rates were. well, i think the fed simply followed the market consensus. the market consensus was expected at 0.25 increase and that is what the fed did. unfortunately, i don t think the fed has a very good idea of what to do in this situation. ....

Banking System , Financial System , Fed Reserve Chairman , Interest Rates , Market Consensus , Federal Reserve , Alex Horenstein , Herbert Business School , 0 25 ,

Transcripts for BBCNEWS BBC News 20240604 02:02:00

To reassure the public. our banking system is sound and resilient, with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools, as needed, to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent events like this from happening again. i m joined now by alex horenstein, associate professor of economics, at the miami herbert business school. thank you for taking the time to come in the programme. the fed were considering a pause in the rate hikes but ultimately decided against it. how significant do you think this is? ~ ~ is? well, i think the fed siml is? well, i think the fed simply followed - is? well, i think the fed simply followed the - is? well, |thinkthe fed i simply followed the market consensus. it was a 0.25 increase and that is what the fed did stop unfortunately, i ....

Banking System , Us Federal Reserve , Alex Horenstein , Rate Hikes , Herbert Business School , Market Consensus , Fed Siml , 0 25 ,

New president's green goals for Brazil may be held in check

Budget constraints and the persistent sag of the global economy handcuff President Inácio “Lula” da Silva’s promises to reduce the South American country’s deforestation and better protect its precious Amazon, University of Miami experts maintain. ....

United States , Alex Horenstein , Dilma Rousseff , David Kelly , Jair Bolsonaro , University Of Miami Patti , Allan Herbert Business School , Miami Patti , Sustainable Business , Latin American , Latin America ,