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Yellen: SVB collapse 'clearly a concern'

Yellen: SVB collapse 'clearly a concern'
  • American banking system is safe and well-capitalised
  • Been working all weekend with regulators to design appropriate policy
  • Can't provide further details at this time
  • Want to make sure troubles at one bank cannot create contagion to others
  • Certainly not looking at repeating bank bailouts of past

When asked about if a deal can be expected before Monday markets open, she says that they are working to address the... Read More

Posted: Mar 12 2023, 12:44
Author Name: forexlive
Views: 112536

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