Financial and Monetary Systems

Soaring interest rates contributed to recent bank failures – and there could be more to come

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The collapse of Silicon Valley Bank has raised concerns about the safety of banks across the developed world. Image: Unsplash/juvx

John Whittaker
Senior Teaching Fellow in Economics, Lancaster University
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Financial and Monetary Systems

Long-term US dollar interest rates
US interest rates began rising in 2020. Image: Conversation/Macrotrends
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Financial and Monetary SystemsBanking and Capital Markets
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