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A comment on SVB collapse could mean a $500B venture capital ‘haircut’. Parent comment

Re:SVB collapse could mean a $500B venture capital ‘haircut’ by bagacrap on Sunday March 26, 2023 @03:40PM (#35318685)
No? Overnight rate is 5% and last month/3 month inflation is running under 5% saar no matter which measure you use.
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Re:SVB collapse could mean a $500B venture capital ‘haircut’ by adam_arthur on Sunday March 26, 2023 @08:04PM (#35321148)
Core CPI is above 5% by many measures (annualized using recent months numbers). Median CPI, which removes outliers, was 0.6% MoM last month.

https://www.clevelandfed.org/indicators-and-data/median-cpi

That being said, I don't think the effect of the funds rate will be felt linearly like most academic models assume, and don't think funds rate has to be above CPI to be restrictive.

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