TylerJWhit t1_jcfpv9f wrote
Reply to comment by [deleted] in We’re POLITICO econ/finance reporters and a bank regulation expert. Ask us anything about economic politics and policy after Silicon Valley Bank’s shocking collapse. by politico
I don't think you can confidently state that there's no evidence that other banks are at risk. This was caused by increased borrowing rates, and the Fed has given a lot of indication that they'll increase those rates further to stall inflation. That can cause other banks to fail.
The risk is not 0% even if it's low.
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