JPXN - Under The Macroscope: Repercussions Of Banking Stress On The Asia-Pacific Region
2023-03-26 06:25:00 ET
Summary
- In the week since the Silicon Valley Bank bankruptcy, global authorities have stepped in starting with the Federal Deposit Insurance Corporation, the Swiss National Bank, the People’s Bank of China, and the US Federal Reserve, offering lifelines of liquidity.
- The United States is focused on ringfencing liquidity and funding issues, while Asia is throwing support to its banks.
- Asian central banks may be more inclined to implement accommodative and growth-supportive policies to cushion the liquidity stresses, creating a more constructive environment for Asian fixed income.
For further details see:
Under The Macroscope: Repercussions Of Banking Stress On The Asia-Pacific Region