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.

Continue Reading on Coin Telegraph

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

This portal is not a newspaper as it is updated without periodicity. It cannot be considered an editorial product pursuant to law n. 62 of 7.03.2001. The author of the portal is not responsible for the content of comments to posts, the content of the linked sites. Some texts or images included in this portal are taken from the internet and, therefore, considered to be in the public domain; if their publication is violated, the copyright will be promptly communicated via e-mail. They will be immediately removed.

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

ITALIAN LANGUAGE

ENGLISH LANGUAGE