Why the Fed Raised Interest Rates Amidst a Banking Crisis - The Journal. - WSJ Podcasts
Over the past year the Federal Reserve has been steadily raising interest rates to try to bring down inflation. But the recent banking crisis has thrown a wrench into its plans. WSJ’s Nick Timiraos explains how the Fed is now trying to fight two problems at once. Further Reading: - Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress Further Listening: - What Just Happened at Credit Suisse? - Can the Government Contain a Banking Crisis? - The Economy Is Too Hot for the Fed
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Why the Fed Raised Interest Rates Amidst a Banking Crisis - The Journal. - WSJ Podcasts

### Response: Over the past year the Federal Reserve has been steadily raising interest rates to try to bring down inflation. But the recent banking crisis has thrown a wrench into its plans. WSJ’s Nick Timiraos explains how the Fed is now trying to fight two problems at once. Further Reading: - Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress Further Listening: - What Just Happened at Credit Suisse? - Can the Government Contain a Banking Crisis? - The Economy Is Too Hot for the Fed