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Reply to "SVB Bank Run: Fed Calling Emergency Meeting "
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[quote=Anonymous][quote=Anonymous]I've seen several people whose credentials seem like they might be in a position to know what's going on with the banking system calling for a 50 bp emergency rate CUT and discount window opening first thing Monday. [/quote] Really? How would a rate cut address any of this? I could see them providing emergency supports to other banks to make sure they don't go under.[/quote]
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