#87: The Banking Crisis: how did we get here and what's next with Shaun Richards

<p>Shaun Richards is an independent economist who specialises in inflation measurement and monetary economics. This follows a career in the City of London where he specialised in derivatives (mainly options) on interest rates and bonds.</p> <p>Shaun has also worked in Tokyo. He is a Bank of England watcher which covers the issues of monetary policy and money printing or quantitative easing (QE). Shaun also traded as a local on the London International Financial Futures Exchange where he mostly traded futures and options on future and present UK interest rates.</p> <p>This podcast was recorded on Wednesday morning, 22 March 2023. Since then the US Federal Reserve and the Bank of England (BoE) have hiked rates by 0.25%. And Janet Yellen, US Secretary of the Treasury has &#39;blurred the lines on bank depositors&#39;.</p> <p>We cover the following in our conversation:</p> <ul> <li>The banking crisis: how did we get here? </li> <li>How are the central banks and governments responding?</li> <li>Inflation &amp; interest rates</li> <li>And what&#39;s ahead?</li> </ul> <p>***</p>