The Business Times

Amit Seru

The Fed should limit itself to liquidity support and leave solvency issues to markets and fiscal authorities.

How the Fed became a lender of immediate resort

The blurred line between liquidity support and backing for insolvent institutions has undermined the purpose of central bank independence

By seizing and selling First Republic Bank, the US government’s efforts may have stabilised the situation somewhat for now but it is far too early to declare victory.
PERSPECTIVE

Another US bank under pressure. How worried should we be about a financial crisis?

The banking crisis may just be getting started

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More