Name: Why did Silicon Valley Bank, Signature Bank & Silver Gate US Banks Fail: Fed Bailout Aftermath!
Uploaded: 2023-03-18T09:59:28+00:00
Channel: TopFXBrokersReview
Description: Three large US banks, Silvergate Bank, Signature Bank, and Silicon Valley Bank, recently failed in a startling turn of events, causing considerable alarm and fear in the financial markets. In response to the bankruptcy of these banks, the Federal Reserve has issued a bailout package to prevent further economic turbulence. The stock market was seen

Why did Silicon Valley Bank, Signature Bank & Silver Gate US Banks Fail: Fed Bailout Aftermath!

Last Updated on | March 18, 2023

Three large US banks, Silvergate Bank, Signature Bank, and Silicon Valley Bank, recently failed in a startling turn of events, causing considerable alarm and fear in the financial markets. In response to the bankruptcy of these banks, the Federal Reserve has issued a bailout package to prevent further economic turbulence. The stock market was seen…

Fed Raise Interest Rate: What does it Mean for Gold, Crude Oil, Bitcoin, and Stock Price?

Last Updated on | January 18, 2023

On March 16, Federal Reserve Chairman Jerome Powell announced the long-awaited start of the rate hike cycle. Besides the Fed raise the interest rate by 25 bps, it anticipated a 1.9% rate by the end of 2022 and 2.8% in the year later. Moreover, Fed Chair indicated further rate hikes if necessary. However, the investors’…