US banks still vulnerable to interest rate risk, IMF warns
“Supervisory lapses” appeared to be a factor in recent collapses, as many institutions remain exposed
US banks are some of the most vulnerable in the world to interest rate risk, and problems remain even as recent turmoil recedes, the International Monetary Fund said today (April 11).
“There are certainly other vulnerabilities out there,” Tobias Adrian, IMF financial counsellor, said during a press conference. He warned there could be another bout of stress, potentially triggered by further changes in interest rates.
Fund staff estimate that the median US bank is far more exposed to interest
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