Sharply Climbing Rates Hit Banks, Here’s What Else Is At Risk
अर्थव्यवस्था तेजी से चढ़ती दरें बैंकों को प्रभावित करती हैं, यहां जानिए और क्या जोखिम में है 4 मिनट पहले बिटकॉइन एथेरियम समाचार US Federal Reserve Chairman Jerome Powell has increased rates at one of the fastest paces in एएफपी गेटी इमेज के जरिए The Federal Reserve has increased rates at a historically high pace to control inflation but the side-effects of that policy have contributed to banking failures. Its also likely that higher interest rates will be felt by the housing market, perhaps cause a recession and the even impact the Federal budget if sustained over the coming months and years. बढ़ती दरें The Federal Funds rate has risen from effectively zero at the start of 2022, to over 4.5% today. That‘s an abrupt change in interest rates over a period of little more than a year. It’s pressured banks as the assets they typically hold such as government debt and other fixed income assets have fallen sharply in value as rates rose. Thats contributed to the collapse of Silicon Valley Bank and Signature Bank and also created pressures at First Republic Bankएफआरसी and internationally at Credit Suisse. The good news is markets think that we may be getting close to the top of the interest rate cycle.