US Treasury Sec. Yellen: New Fed facility working to provide liquidity to banking system – by eren_fxstreet UnitedStates Politics BankStocks
The Federal Reserve's new Bank Term Funding facility and discount window lending are working to provide
"Similar actions to protect depositors could be warranted if smaller institutions suffer deposit runs that pose risk of contagion." "A dynamic and diverse banking system - with large, mid-sized and small banks - is critical to the US economy."stays on the back foot following these comments and was last seen losing 0.2% on the day at 103.10.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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Janet Yellen is selling bank crisis short as execs fear dozens more teeter on brinkThe ill-fated Silicon Valley, Signature banks, and today’s latest headache, First Republic, are the festering sores that signal an even greater degree of banking rot.
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US and Beijing in talks over Yellen and Raimondo trip to ChinaThe Biden administration and Chinese Communist Party officials are discussing a possible trip by two Cabinet secretaries to China.
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Yellen to say bank 'situation is stabilizing,' smaller banks play important roleTreasury Secretary Yellen plans to say Tuesday that “the situation is stabilizing and the U.S. banking system remains sound,” according to excerpts of prepared remarks.
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