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The Fed is having an emergency meeting Monday. My guess is they loan the bank-formerly-known-as-SVB as much as necessary to cover depositors needs for the next
by DonsDiscountGas 4y ago
The Fed is having an emergency meeting Monday. My guess is they loan the bank-formerly-known-as-SVB as much as necessary to cover depositors needs for the next year, and get paid back as the banks assets are sold off.
https://www.federalreserve.gov/aboutthefed/boardmeetings/20230313closed.htm https://www.federalreserve.gov/aboutthefed/boardmeetings/202...