The Silicon Valley Bank crash makes a 2023 recession much more likely

The Silicon Valley Bank crash makes a 2023 recession much more likely

- The Silicon Valley Bank implosion has raised the odds for a US recession. - That's because fears of a bank crisis could distract the Fed from its goal of lowering inflation. - "I don't really see a pass through the next 12 months without getting a recession," a source told Insider. Wall Street is worrying that the fall of Silicon Valley Bank has significantly raised the risk of recession in the US. The chief concern is that the episode …