resilient

According to reports, Federal Reserve Governor Michelle Bowman made a speech following the market volatility caused by the Silicon Valley Bank (SVB) incident, refuting claims that the US banking system is facing challenges, saying that the US banking system remains “resilient and grounded.”. At the same time, Sherrod Brown, chairman of the Senate Banking Committee, also mentioned in an interview with Bloomberg that the United States Congress would enact financial regulations to strengthen stress testing and capital liquidity standards for banks. The policy maker added that the prospects for such measures remain remote. In addition, according to Reuters reports, Brown also stated that the Federal Reserve is not expected to raise interest rates at its meetings on March 21 and 22. （Fxstreet） Federal Reserve Governor Brown: The Federal Reserve is not expected to raise interest rates at its meetings on March 21 and 22 Analysis based on this information:According to recent reports, the US banking system is said to remain…