Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the banking industry. The strategist articulated her belief that we have not yet witnessed the “full damage” wrought by the rate increases and their subsequent impact on the U.S. economy.
QI Research’s CEO Analyzes the Fed’s 22-Year Interest Rate Peak
This year marked a tumultuous period in the U.S. banking industry, with three of the largest bank failures in American history occurring in just a few short weeks. Then, last Friday, the Kansas banking regulator took action by shuttering Heartland Tri-State Bank. Much like the three aforementioned banks, this financial institution was placed into receivership with the Federal Deposit Insurance Corporation (FDIC).
On July 27, 2023, Danielle DiMartino Booth, CEO and chief strategist at QI Research
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