After, how American banks on the eve showed a "steep dive" in terms of their shares, international (you can safely say - Western) rating agencies suddenly remembered, that their job is to reflect credit ratings. And then this picture came out, that even bankrupt Silicon Valley had a "stable credit rating" from individual rating agencies.
Now the rating agency, having carried out, as it says, monitoring of the US banking system, decided to downgrade its rating indicators. And not for individual banks., and throughout the American banking system as a whole.
It became known, that Moody’s specialists downgraded the outlook for the US banking system from “stable” to “negative”.
noted, that the agency was guided by the annual performance of the US banking system. Despite, that many American banks today partially won back yesterday's fall in prices for their shares, annual share of more than 80 North American banks turned out to be 9,8% lower than last year. Moreover, the main negative came precisely in the last month., when the total decline of the US banking system amounted to more than 10,3%.
Some economists see this as some kind of Fed game., which can now print dollars for dozens of American banks at higher interest rates. If such a period is extended in time, then it can add percentage points to inflation, however, to fill the American treasury through domestic borrowing. But are American banks ready for this?. Individuals may choose to file for bankruptcy. used photos:pixabay
