US banking crisis: Close to 190 banks could collapse, according to study - Newsz Information

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Thursday, May 4, 2023

Home Latest News US banking crisis: Close to 190 banks could collapse, according to study

US banking crisis: Close to 190 banks could collapse, according to study

The Fed's aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.

     

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