There Are 63 'Problem Banks' and $517 Billion in Unrealized Losses in the US: FDIC
There Are 63 'Problem Banks' and $517 Billion in Unrealized Losses in the US: FDIC
www.businessinsider.com Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC says
"This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates," the FDIC said.
![Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC says](https://lemmy.ml/pictrs/image/e81f6652-364a-4964-9812-2f9825a33a5e.jpeg?format=webp&thumbnail=256)
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I hope I get to sell my house and leave before it all comes crashing down.
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