Why SVB makes the Federal Reserve’s inflation fight awkward

The Federal Reserve will meet this week to discuss the possibility of increasing interest rates to fight inflation once more. But after the collapse of Silicon Valley Bank, some are concerned that the higher rates are putting too much pressure on the banking system. And, the Intergovernmental Panel on Climate Change has released its latest report. The conclusion? We have to do something now. Plus, Kimberly makes us smile with a story about the friendship between a girl and a very scary “monster.” Here’s everything we talked about today: “Did SVB break the Fed? Officials mull risks of more rate increases” from Reuters “Five Ways Banking Turmoil Will Impact the Fed’s Decision” from Bloomberg “World can still avoid worst of climate collapse with genuine change, IPCC says” from The Guardian “Biden issues first veto, taking on new Republican House” from The Washington Post Tweet from @davidlgutman on King County, Washington, voting to adopt the Oxford comma TikTok from @spiritwalker about a girl happy to meet a “monster” Have a comment or question about something we talked about? Send it our way! You can leave us a voice message at 508-U-B-SMART or write to [email protected].