Business
2023.03.14 22:13 GMT+8

BizBeat Ep. 606: SVB's failure casts doubts on the Fed's competence

Updated 2023.03.14 22:13 GMT+8
CGTN

The failure of Silicon Valley Bank (SVB) has prompted fears of a broader upheaval. Analysts pointed out that the root cause of the bank's failure is due to the interest rate hikes by the Federal Reserve. In this episode of BizBeat, CGTN's Lily Lyu explains.

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