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3232Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
https://www.digit.info/goldman-sachs-now-expects-no-rate-hike-in-march-due-to-stress-in-us-banking-system/
Tue, 14 Mar 2023 01:30:34 +0000https://www.digit.info/2023/03/14/goldman-sachs-now-expects-no-rate-hike-in-march-due-to-stress-in-us-banking-system/Read more]]>Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after the central bank announced measures to rescue depositors of failed Silicon Valley Bank and […]
]]>US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
https://www.digit.info/us-treasury-secretary-rules-out-government-bailout-of-silicon-valley-bank/
Sun, 12 Mar 2023 18:15:05 +0000https://www.digit.info/2023/03/12/us-treasury-secretary-rules-out-government-bailout-of-silicon-valley-bank/Read more]]>U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed at preventing the need for government bailouts. Government Not Considering a Bailout for SVB, […]