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Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems


Jeanna Smialek Business Day Regulation and Deregulation of Industry, Banking and Financial Institutions, Interest Rates, Inflation (Economics), United States Politics and Government, Federal Reserve Bank of San Francisco, Federal Reserve System, Silicon Valley Bank, Becker, Gregory W, Brainard, Lael, Powell, Jerome H, Quarles, Randal K, Sanders, Bernard, Warren, Elizabeth The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review. https://ift.tt/H7SpIXY

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