Two weeks to flatten the curve
Powell warns on bank closures 3/9
Federal Reserve Chair Jerome Powell told a House panel "there will be bank failures" due to losses from commercial real estate loans, but they don't pose a risk to the entire system and it won't be the big banks.
Federal Reserve Chair Jerome Powell told a House panel "there will be bank failures" due to losses from commercial real estate loans, but they don't pose a risk to the entire system and it won't be the big banks.
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