Yellen's Statements on Liquidity, Banking System, and Chinese Investors Shake Up Financial World.
TL;DR Summary
The Department of the Treasury and Federal Reserve have released a joint statement welcoming the Swiss authorities' efforts to support financial stability. They also reassured that the U.S. banking system's capital and liquidity positions are strong, and the financial system is resilient. The authorities have been in close contact with their international counterparts to support their implementation.
Topics:business#department-of-the-treasury#federal-reserve#finance#financial-stability#swiss-authorities#us-banking-system
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