Falt Urs News Today

be sure to state the top winning entry. the federal reserve has announced plans to raise interest rates by a quarter of a percent. jerome powell held a press conference to explain the central decision which comes almost two weeks after the failure of silicon valley bank and signature bond. this is about 45 minutes. >> good afternoon. let me briefly address recent development in the banking sector. in the past two weeks, serious difficulties at a small number of banks have emerged. hist...

>> good afternoon. before discussing todays meeting let me briefly address recent difficulties in the banking industry. in recent weeks, a small number of issues have been observed. history has shown that small problems in the banking system if left unaddressed can cause problems in the banking industry as a whole. thats why the federal reserve working with the treasury department and fdic took decisive action to address the economy and strengthen public d.v.d. in our banking system. ...

>> good afternoon. before discussing todays meeting let me briefly address recent difficulties in the banking industry. in recent weeks, a small number of issues have been observed. history has shown that small problems in the banking system if left unaddressed can cause problems in the banking industry as a whole. thats why the federal reserve working with the treasury department and fdic took decisive action to address the economy and strengthen public d.v.d. in our banking system. t...