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Fed’s Jerome Powell: SVB Like Problems Can Threaten Banking System

By Anvesh Reddy at 2024-12-25 20:27

Sentiment: Negative

Powell Speech Today: US Federal Reserve Chair Jerome Powell said during his post Federal Open Market Committee (FOMC) press conference speech that serious difficulties in small number of banks have emerged. In response to these events, the Fed along with the FDIC took prompt actions, he said. In his opening remarks, the Fed chair said The post Fed’s Jerome Powell: SVB Like Problems Can Threaten Banking System appeared first on CoinGape. Continue reading...

Categories: Altcoin News

Tags: #Altcoin News #Bitcoin News #Regulation News #Bitcoin #Crypto Market #United States

Source CoinGape