Surveillance: Fed Course with Susan Collins
Bloomberg Surveillance
00:00
The Impact of Fed Funds Rate Increases on the First District
I think that there were a number of mistakes and challenges that were made. What we're seeing is that they are very focused on their activities to really support the communities throughout our district. As you know small and medium banks play a critical role in a vibrant economy. They also are particularly focused on what some of the risks might be especially in the aftermath of some of the stresses that we've seen. I see them as already a sound and resilient banking system.
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