Advertisement     A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised th...
Tag: assurances
US banks experience volatility and trading halts amid bank failures and presidential assurances
Banks saw their share prices take a rollercoaster ride over the weekend and into March 13. Trading was temporarily halted for dozens of United States regional banks amid volatility and falling prices....
Investors Continue on Dumping Tether Despite Assurances by Company
Tether short sellers are on the rise despite the company’s repeated assurances that its reserves are fully backed. A so-called liquidity pool that allows traders to swap between the three biggest stab...
A day after Powell’s assurances, markets are worried something breaks
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflati...
OPEC Assurances That It Will Help To Dampen Down Oil Prices Are Worthless
Key Highlights OPEC’s and OPEC+’s commitments to dampen oil prices are meaningless OPEC leader Saudi Arabia itself has long overstated its oil capabilities OPEC and Saudi Arabia have reaffirmed suppo...