us
U.S. officials across several agencies have been coping with the fallout, debating what new rules or regulations might be needed and whether changes are needed to the U.S. deposit insurance program – a systemwide backstop that failed to stem a deposit run at SVB.
Yields on Treasury securities dropped following the release of the policy statement. The yield on the 2-year Treasury note, which is highly sensitive to Fed rate expectations, was down more than 21 basis points in the session. Financial markets went a step further, betting that the Fed won’t raise rates any further from here and will be reducing them by this summer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Fed delivers small rate hike amid global banking turmoilUS Federal Reserve Chair Jerome Powell seeks to reassure investors about the soundness of the banking system.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Stocks, bond yields fall as Fed, with eye on inflation, signals pauseThe hawkish note of United States Federal Reserve Chair Jerome Powell drives US stocks lower on Wednesday, March 22. . Inflation, or corporation greed, was 15% in 12 months in the USA. Powellisworthless. .
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Fed rates, projections, stability concerns a 'mess' to be sortedThe United States Federal Reserve faces a suddenly tricky decision over how to keep pressure on the economy to slow inflation without pushing a swath of midsized banks to the snapping point.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Wall Street ends green on bank bounce as Fed takes focusNEW YORK - Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude
Source: inquirerdotnet - 🏆 3. / 86 Read more »