The content originally appeared on: CNN New York CNN - Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of Silicon Valley Bank is exactly why the Federal Reserve needs to halt its war on inflation. 'The Fed needs to hit pause and assess the full impact of its actions so far before raising short rates further,' Bair, the former chair of the Federal Deposit Insurance Corporation, told CNN on Sunday in a phone […]
