SHOCKING: Fed Slashes Bank Capital Requirements Up to 7.7% – Biggest Move Since 2008!
The global and certainty index just reached an all-time high; it measures how uncertain or unpredictable the world economy, politics, and markets are at a given time. This is more uncertain than 2020 and the 2008 financial crisis. To address the uncertainty, the Federal Reserve in the US has proposed loosening capital requirements for large banks.
This is absolutely insane. Drop a comment with your thoughts.
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