Name: Episode 142: 22 banks saw major deposit runs amid March 2023 crisis!
Uploaded: 2024-05-26T16:00:00+00:00
Duration: 17 min 34 s
Description: 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

1 month ago

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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