Powell Says the Banking System is 'Sound,' but Markets Don't Agree

WSJ Opinion: Potomac Watch - A podcast by Paul Gigot, The Wall Street Journal

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The Federal Reserve raises interest rates for the tenth time in 11 months, and Chairman Powell says the banking panic is over. But investors are still punishing midsize banks after the First Republic failure. Plus, who'll blink first in the debt-limit showdown? Learn more about your ad choices. Visit megaphone.fm/adchoices