Special Report: Financial Markets – Banking Shock Response
Bank Closures Could Sway Federal Reserve Decision, Fast Government Response Alleviates Contagion Concerns The collapse of Silicon Valley Bank and Signature Bank sent shock waves through capital markets, but agencies have been quick to counter it from spreading. Expectations for a smaller interest rate hike at the upcoming FOMC meeting has meanwhile been a byproduct of the recent events. The Fed will likely tread more cautiously despite persistent inflation and resilient employment. Key Features: Timeline… Read More