For Two Weeks Straight, Banks Boost Borrowing from Fed – What’s the Inside Scoop?
Banks in the US have continued to increase their borrowing from the Federal Reserve, marking the second week in a row where this has been the case. This indicates that stresses on the financial system have yet to entirely dissipate. With borrowing increased by $11.3 billion for a total of $155.2 billion within the seven […]
“Two Banks in March: Was the Pace of Rate Hikes Truly the Culprit?”
The Federal Reserve Bank of New York President, John Williams, has stated that the financial system troubles prompting the central bank to provide large amounts of credit to banks is not collateral damage stemming from the Federal Reserve’s aggressive campaign to lower inflation. This comment comes in defense against the growing concern that the rapid […]
Australian Banks Prepared to Tackle Global Financial Stability Risks: RBA Report
The Reserve Bank of Australia (RBA) recently published its semi-annual Financial Stability Review (FSR). It stated that Australian banks are in good shape despite increasingly fragile conditions within global markets. The banks were found to be well capitalized, profitable, and highly liquid. The RBA warned that raising global financial stability risks have made Australia more […]