Yellen's Statements on Liquidity, Banking System, and Chinese Investors Shake Up Financial World.

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Source: Treasury
Yellen's Statements on Liquidity, Banking System, and Chinese Investors Shake Up Financial World.
Photo: Treasury
TL;DR

The Department of the Treasury and Federal Reserve have released a joint statement welcoming the Swiss authorities' efforts to support financial stability. They also reassured that the U.S. banking system's capital and liquidity positions are strong, and the financial system is resilient. The authorities have been in close contact with their international counterparts to support their implementation.

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