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US mulls more support for banks while giving First Republic time

Summary by Ground News
U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support. The move could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported. The Federal Reserve did not immediately respond to a Reuters request for a comment.

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Bias Distribution

  • 44% of the sources are Center
44% Center
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Bloomberg broke the news in United States on Saturday, March 25, 2023.
Sources are mostly out of (0)