24th March 2023
- Yellen Says US Prepared for Additional Deposit Actions If Needed
Regulators under scrutiny for handling of recent bank failures
Yellen appears at House panel after Senate hearing Wednesday
https://blinks.bloomberg.com/news/stories/RRZNH4DWX2PS
- Gundlach Joins Powell-Is-Wrong Chorus Predicting Rate Cuts
Major central banks are all seen pausing by July at latest
Wild moves across bond markets reflect rates-path uncertainty
https://blinks.bloomberg.com/news/stories/RS0GVUT0AFB4
- Credit Crunch Risks in Focus for Fed Traders as Cut Bets Build
Investors have slashed expectations for Fed rates amid turmoil
Markets to ‘shrug off stronger data’ in near term: McIntyre
https://blinks.bloomberg.com/news/stories/RRZEYJDWX2PS
- Banks Draw on Fed for $164 Billion for Second Straight Week
Loans to the Fed’s discount window fell to $110.2 billion
Borrowing from Fed’s new lending progam rose to $53.7 billion
https://blinks.bloomberg.com/news/stories/RRZSIBT0G1KW
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