Banks' Financial Systemic Risk Is Considered Low: Streeter

The transcript discusses the current market reactions and financial stability, emphasizing that the system is not inherently unstable due to strong capital buffers built since the financial crisis. It highlights the risk-averse nature of the market and concerns over prolonged high interest rates. The discussion also covers regulatory measures taken to stabilize the market, such as evaluating assets at par, and the potential global economic repercussions if further issues arise.

In what way does the text suggest that high interest rates could impact the financial system?

What measures have regulators taken in response to the situation with First Republic?