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in about a year and a half, still high. bill: that would normally mean another rate hike on the horizon, but the fed could be forced to rethink that. dana: the moves are designed to protect the u.s. financial system and make sure customers do not lose their deposit. bill: the president insisting this is not a bailout, some folks beg to differ. well, it is a bailout, we give a lot of support to banks. banks pay a premium for insurance, capped at 250,000. if we change the rules and give them more coverage than anybody else gets, i think that s a bailout. the think you have to understand is that what they re doing now with the bailout, printing money to solve the problem. and there is this inflation problem that started the whole thing and they re trying to fix a banking problem by printing money. that will make the inflation problem worse. dana: we have analysis, let s begin with grady. last week a rate hike was almost a given, now things are more complicate ....
I think the white house is spinning this trying to blame a tweak in dodd-frank, for excessive bank tweaking. they are looking at silicon valley bank. so you got to watch what the white house says. the fed is a little more reliable on information. i would like to know if they re going to pause here. 6% is better on inflation rate, but it is not great, it is horrible, in fact. tha means inflation is sticky. if jerome powell says we have a banking crisis, i will not raise rates and take a pause. guess what that means? the banking system is problematic, opposite of what joe biden just said. keep an eye on the fed and the markets and keep an eye on interest rates. bill: seems like we are at a ....