Officials analyze fallout from SVB collapse

World Today

Stock markets across the world continued to suffer aftershocks this Tuesday following the dramatic collapse of two U.S. banks.

U.S. authorities seemed to have stemmed some of the panics by covering customer deposits and any banks running into liquidity problems.

But there are now urgent questions about how well banks have adjusted to the end of an era of ultra-low interest rates that have been rising quickly to try to solve the inflation crisis.

CGTN’s Owen Fairclough reports.