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And done, Federal Reserve announces emergency lending facility - deposits "guaranteed"

And done, Federal Reserve announces emergency lending facility - deposits

more to come

Federal Reserve and Treasury:

  • taking decisive actions to protect the u.s. economy by strengthening publicconfidence in our banking system
  • boards of the fdic and the federal reserve, andconsulting with the president, secretary yellen approved actions enabling the fdic to complete itsresolution of silicon valley bank
  • no losses associated with the resolution of silicon valley bank will be borne by the taxpayer
  • we are also announcing a si... Read More
Posted: Mar 12 2023, 22:17
Author Name: forexlive
Views: 082179

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