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There’s a stigma attached to the emergency lending program.
Certificates of Deposit help banks bring in cash that they can use to make money by lending it at higher rates. Depositors may be looking to CDs as interest rates rise.
Besides testifying in hearings, regulators need to get a few messages across, including that the system worked, a PR executive says.
The U.S. Federal Reserve coordinates some operations — sometimes even interest rates changes — with other central banks. Here’s how that works.
Jerome Powell says the Fed is committed to getting inflation down to 2%.
But the probes can’t uncover every problem before trouble erupts.
The central bank also signaled that it’s likely nearing the end of its aggressive series of rate hikes.
Why bonds lose value when the Fed hikes interest rates and what that has to do with banks.
The inflation threat calls for one type of action, and the banking turmoil calls for another. How will the Fed respond?
Even if you don’t bank with Silicon Valley Bank or Signature Bank, the fallout from their collapses has probably grabbed your attention.