by admin | May 30, 2023 | Quarterly Commentary
Philip Chao sheds light on the recent tremors in the banking world, marked by significant bank failures. Explore the failures of Silicon Valley Bank, Signature Bank, and First Republic Bank, surpassing the size of the 2008 crisis. Understand the reasons behind these...
by admin | May 30, 2023 | Quarterly Commentary
Join Philip Chao as he discusses recent movements in the Federal Reserve’s monetary policy and their implications for the US economy. Explore the significant FOMC meetings in March and May, which hinted at an end to the Fed’s hiking cycle. Gain insights...
by admin | May 30, 2023 | Quarterly Commentary
Join Philip Chao as he delves into the economic landscape at the beginning of 2023. In this video, Philip explores three possible scenarios: No Landing, Soft Landing, and Hard Landing. Discover what each scenario means, how they could impact our economy, and how...
by admin | Mar 22, 2023 | Central Bank, FOMC, Individuals, Institutions
Summary: Job gains have picked up in recent months, and the unemployment rate has remained low. (Change) Inflation remains elevated. (no Change) The U.S. banking system is sound and resilient. Recent developments are likely to result in tighter credit conditions for...
by admin | Mar 16, 2023 | Central Bank, Individuals, Institutions
Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.50%, 3.75% and...
