US Fed announces $25B in funding to backstop banks

by Aurelia Butler 12 March 2023, 23:40 129 Views

The funds would ensure that eligible banks would have enough liquidity to cover the needs of their customers during times of turmoil.

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Source: Cryptocurrency - investing.com

SVB collapse puts Fed’s faith in a strong, low-risk financial system to the test

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

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US Fed announces $25B in funding to backstop banks

SVB collapse puts Fed’s faith in a strong, low-risk financial system to the test

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

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