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tightened too much. indeed, suggests that we still have work to do. if you ever find an airline pilot said it worked with the federal reserve, get off that aircraft. the 16th largest u.s. bank chanced today and took a nervous stock market with it. the latest talk is that this might pause the federal reserve in this latest interest rate hike cycle. the betting seems to be when they gather next week, maybe no rate hike, period. neil: one year, can you believe it? a year ago today it all started. eight interest rate hikes later, the federal reserve must decide whether next week it should make it a ninth. even as credit swiss is receiving a $54 billion life line to keep it going. news hoff a $30 billion rescue for a bank, first republic. that helped stocks rebound. we re tracking it all, this incrediblier and where we stand now from main street to wall street, from the federal reserve to capitol hill to the white house as well. with rich and robert on what could be ....
Can make full use of their constitutional right to put together a defense by that time that is two months from now. this is the prosecutor s fault. he claimed a massive conspiracy starting on a election night and going in to the first year of the biden presidency with over a dozen defendants involving hundreds of acts. the defense has a right, a constitutional right for their attorneys to go through all of those events, all of those things that are plead in the indictment, meet with every witness, see every piece of evidence the government has. how could that possibly she would be lucky if the trial could get start add year after this october. neil: a couple of those 19, you know, dragged in for the pictures and the rest are interested in speedy trials. sydney powell, the latest. ....
Inflation forced the fed to raise interest rates. that caused a problem for silicon valley bank. that s because it had to sell treasuries early and lost money. neil? neil: a lot of money at that. chad pergram, thanks. average americans are feeling the pinch from the rate hikes and they all start add year ago to madison alworth on how they re pinching pennies. madison? we re seeing more families turn to dollar stores like the dollar general for their groceries. with food now 10% higher than last year thanks to inflation, the shoppers that we spoke to say that they really rely on dollar general in order to feed their family. have to go to two stores. i go to food town and then this dollar store here afterwards to get the extras like for cheaper. i went to wal-mart maybe two days ago. these were like $5, these little packs of less than 20 cups. over here, 2. ....
Interest rates from near zero to four to five percent sent after a decade of being low unexpected and bad things start to happen and i think you will be a basically seeing major economies, perhaps even including the us slide into recession, the uk is predicted to be in recession for most of 2023 so it won t be, i can t give you a massive message of good will for next year, it is going to be tough, but hopefully, inflation will begin to come down, and that will make people feel a bit more stable because it has been one of the greatest shocks to the system that western europe has seen since the second world war. after two years of covid, another huge seismic shock to the world economy, was something that everyone including the uk wanted to avoid, but of all g7 industrialised countries, britain is the only one with an economy that is smaller than before the pandemic start add. yes, 0k, transport and fuel bills might ....