New Data Gives Us Badly Needed Details Behind Bank Shock/Crisis. What It Means Moving Forward
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The Federal Reserve's H.8 data on US commercial banks shows just how much of a systemic shock the March seasonal bottleneck had produced. Institutions got hit with historic levels of deposit declines, emergency borrowings like nothing before, and because of it massive fallout followed - and continues to follow.
Video Length: 00:19:09
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