Mike Blake/Reuters
- "Shark Tank" investor Kevin O'Leary has warned of more regional bank failures as the Fed keeps raising interest rates.
- "You keep squeezing the toothpaste tube, you keep rolling it up, you keep raising rates, and you know things are going to break," he said.
- The Fed announced a quarter-point rate rise on Wednesday in a bid to cool inflation down to 2%.
"Shark Tank" investor Kevin O'Leary sliced into the Federal Reserve after it hiked interest rates once again this week – warning the aggressively tight monetary policy will lead to more regional bank failures.