Today news
About the same in other media
Fed Says U.S. Public Health Among Biggest Near-Term Risks to Financial System
Reading now: 547
WASHINGTON—The potential for U.S. public health to worsen as the Covid-19 pandemic continues is one of the greatest near-term risks to the financial system, the Federal Reserve said, while noting that asset prices are susceptible to large declines should investor sentiment shift.
Any deterioration in the public-health situation could slow the recent economic recovery, particularly if widespread business closures returned and supply chains were further disrupted, the Fed said. The number of new Covid-19 cases has fallen in recent months, but a resurgence this summer, tied to the Delta variant, coincided with a slowdown in hiring and economic growth.
Read more on wsj.comAbout this in other media
Robinhood exec says proposal for a single digital asset regulator is stupid cointelegraph.com /3 years ago
‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers cointelegraph.com /3 years ago
Effort to Hire Dallas and Boston Fed Leaders Hits Full Stride wsj.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
