JP Morgan Chase: US Fed’s emergency loan can inject $2 trn in banking system to ease liquidity crunch

JP Morgan Chase: US Fed’s emergency loan can inject $2 trn in banking system to ease liquidity crunch

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Silicon Valley collapse: JPMorgan Chase & Co in a note said that the Federal Reserve’s emergency loan support, Bank Term Funding Program, can put in as much as $2 trillion of funds into the US banking system to help the struggling banks and ease the liquidity crunch. In a statement issued by the…

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