US President Joe Biden, as part of a press conference with Canadian Prime Minister Justin Trudeau, said he does not see the risk of a future boom in the US banking sector. Transmits words TASS.
“I don’t see anything on the horizon that will explode anytime soon,” he said.
Biden suggested that it will take some more time for the market to stabilize to overcome the current difficulties.
“This is worrying,” the American leader said.
Aleksey Zabotkin, Former Deputy Governor of the Central Bank declarationHe is of the opinion that the main reason for the recent financial difficulties in the West is the extremely long loose monetary policy of the Fed and the ECB, the financial regulators of the USA and the European Union. As a result, American banks bought many assets at inflated prices.
Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia, statedThat you should carefully study the situation in the US banking sector and draw conclusions.