Monday:Fed to hold emergency meeting amid SVB's swift collap

Fed to hold emergency meeting on Monday amid SVB's swift collapse

The Federal Reserve Board of Governors announced that it will hold an emergency closed-door meeting under expedited procedures at 11:30 a.m. on March 13, 2023.

Matters to be considered at the emergency meeting will be: "Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks."

It is likely that the sudden collapse and FDIC seizure of SVB Financial Group (SIVB) on Friday is driving the expedited Fed meeting.

SVB was the largest bank failure since the 2008 financial crisis. Its collapse has sent shockwaves throughout the banking system. The status of billions of dollars of uninsured deposits is unknown heading into Monday.

所有跟帖： 

• 星期一股市大涨? -cn_abcd- ♂ (0 bytes) () 03/11/2023 postreply 11:26:17

• 周末已经会议满天飞了！ -pacsqc- ♂ (0 bytes) () 03/11/2023 postreply 11:28:46

• 大千最近常用的形容词用这合适！史世级…… -zhoufang- ♂ (0 bytes) () 03/11/2023 postreply 11:56:06

• closed-door meeting 关门的紧急会议，和股市没一毛钱关系 -年轮- ♂ (0 bytes) () 03/11/2023 postreply 11:59:48

• 知道fed procedure 的都知道，这种过一段时间就来一次的regular meeting. -乐山乐水的小姑娘- ♀ (30 bytes) () 03/11/2023 postreply 12:09:10

• 还以为周末开呢。周末就不能加班吗？ -白茶清欢- ♂ (0 bytes) () 03/11/2023 postreply 12:20:03