Meeting comes after collapse of Silicon Valley Bank roils global markets
The U.S. Federal Reserve said it will hold a closed-door meeting of its board of governors under expedited procedures on Monday.
The meeting from 11:30 a.m. will primarily review and determine the advance and discount rates to be charged by the Federal Reserve banks, the Fed said in a statement. The central bank offered no further details, but the move follows Friday’s collapse of Silicon Valley Bank, was the biggest failure since the 2008 financial crisis. It roiled global markets, walloped banking stocks and left California tech entrepreneurs worrying about how to make payroll.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Federal and provincial justice ministers meeting to discuss bail reformJustice Minister David Lametti is preparing to face off with his provincial counterparts in Ottawa Friday on whether to reform Canada's bail system, as premiers, federal Conservatives and law enforcement leaders demand more restrictions.
Lire la suite »
Federal and provincial justice ministers meeting to discuss bail reformOTTAWA — Justice Minister David Lametti is preparing to face off with his provincial counterparts in Ottawa Friday on whether to reform Canada’s bail system,…
Lire la suite »
Federal and provincial justice ministers meeting to discuss bail reformOTTAWA — Justice Minister David Lametti is preparing to face off with his provincial counterparts in Ottawa Friday on whether to reform Canada’s bail system,…
Lire la suite »
Federal and provincial justice ministers meeting to discuss bail reformThe federal government will move forward quickly on “targeted reforms” to the Criminal Code that would update Canada’s bail system.
Lire la suite »
US weighs new fund to backstop deposits if more banks fail, Bloomberg News saysThe U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at…
Lire la suite »
Bank of Japan maintains ultralow rates as governor sticks to script at swan song meetingThough widely expected by most analysts, the Bank of Japan decision sent the yen and local bond yields tumbling
Lire la suite »