US Federal Reserve Chairman Jerome Powell, said that the US Federal Reserve is still monitoring the situation in the banking industry very carefully.
“We are very reluctant to say if the turmoil in the sector is over, our job is to worry about things,” Powell said during an event hosted by the Spanish central bank in Madrid.
“There are still some weaknesses in financing in the United States”, He added.
“An adjustment in the assessment is underway mainly in relation to offices Working from home has changed things”, he said.
