GLOBALink | U.S. analyst says Fed's aggressive rate hike hurts SVB-Xinhua

GLOBALink | U.S. analyst says Fed's aggressive rate hike hurts SVB

Source: Xinhua

Editor: huaxia

2023-03-16 16:38:01

A U.S. market analyst has recently said that the Federal Reserve's aggressive rate hike hurts Silicon Valley Bank (SVB), which collapsed last week.

Larry Benedict, CEO and founder of The Opportunistic Trader, a U.S. market research firm, said this in an interview with Xinhua on Tuesday.

Produced by Xinhua Global Service


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