Subscribe To
Federal Reserve announces emergency lending facility. Deposits to be guaranteed
Federal Reserve and Treasury:
- taking decisive actions to protect the US economy by strengthening public confidence in our banking system
- boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution 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 similar systemic risk e... Read More
Posted: Mar 12 2023, 22:17
Author Name: forexlive
Views: 082159