What comes next in the banking crisis? The early 1990s hold clues | CNN Business

Analysts are looking at the Savings and Loans crisis of the late 1980s and early 1990s as a better model for how this current crisis may play out.

A review of regulation and central bank policy seems certain, wrote Societe Generale’s Kit Juckes in a note.

The Bank of England was able to bring things back under control quickly by launching into crisis mode.

The Federal Reserve announced a new emergency lending program which would deliver cash to banks facing steep losses because of higher interest rates.

Now, markets anticipate that it’s more likely that the Fed will go with another quarter-point hike, or even no hike at all.

The February Consumer Price Index is one of the last major pieces of economic data to come out before the Federal Reserve's meeting next week.