2023.03.13 17:06 GMT+8

Expert warns the collapse of SVB could mean 'a 2008-style crisis'

Updated 2023.03.13 17:06 GMT+8
CGTN

U.S. economist Stephanie Pomboy warned the collapse of Silicon Valley Bank could mean "a 2008-style financial crisis". The U.S. dollar slid on Monday as authorities stepped in to cap the aftermath, with investors hoping the Federal Reserve will take a less aggressive approach.

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