WASHINGTON (dpa-AFX) – The US Federal Reserve is meeting on Monday for a meeting. The meeting, which starts at 11:30 a.m. (local time), is about reviewing and setting prepayment and discount rates, according to a statement that can be viewed on the website over the weekend.
On Friday, the US money house Silicon Valley Bank (SVB), which specializes in start-up financing, was temporarily closed after a failed emergency capital increase and placed under state control. This caused unrest around the world. US Secretary of the Treasury Janet Yellen was still calm. She has full confidence that the agencies responsible for banking supervision, which include the Federal Reserve, are taking the necessary measures to keep the banking system resilient
