Since 2006
Home owners
Mortgages raised
Silicon Valley Bank (SVB), which served tech start-ups, shut down after a rapid slide in deposits. Its clients were struggling to raise cash, thanks to a tech downturn, and had to withdraw deposits.
Read MoreA year ago the Federal Reserve launched its first attack against inflation. Subsequent months saw much larger hikes, reaching 4.5%, with inflation falling to 6.4%, down from 11% last summer.
Read MoreThe US was the first major economy where inflation took root, as a wave of pandemic relief money from the government set off a boom in activity and spending.
Read More