Episode 142: 22 banks saw major deposit runs amid March 2023 crisis!
3 months ago
21
Podcasts
Education
New York Federal Reserve Bank
NY Fed
Federal Reserve
tracing bank runs in real time
bank crisis 2023
22 banks see major deposit run
This episode examines an explosive new report from the Federal Reserve Bank of New York titled “Tracing Bank Runs in Real Time.” The study found that 22 banks experienced deposit runs during the March 2023 banking crisis. The findings in this report suggest that modern payment systems are adding a complexity to bank runs that is not yet fully understood. A link to the report is below.
Link - sr1104.pdf (newyorkfed.org)
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