US Backstops Bank Deposits to Avert Crisis After SVB Collapse

The video discusses the US regulatory response to financial instability, including backstopping all deposits and introducing an emergency lending program. These measures aim to prevent bank runs and reassure markets. The market reaction has been mixed, with US stock futures rising but Asian markets showing some instability. Internationally, countries like Japan and Korea have reassured their financial systems' stability, while the UK plans to support its startup community.

What was one of the main steps taken by US regulators to address the banking crisis?

• Reducing interest rates

• Backstopping all deposits

• Increasing taxes

• Closing small banks

How did the US markets react to the regulatory measures?

• Stock futures rose, bonds fell

• No significant change

• Stock futures and bonds fell

• Stock futures and bonds rose

What was the reaction in Asian markets following the US regulatory measures?

• Increased stability

• No reaction

• Complete market crash

• Jitteriness, especially in bank stocks

What did Japan's government spokesman say about Japanese banks?

• They need government support

• They are planning to merge

• They are liquid and fully capitalized

• They are facing liquidity issues

What was the purpose of the British Prime Minister's visit to the US?

• To announce support for the startup community

• To discuss trade agreements

• To attend a cultural event

• To negotiate military alliances