Bank of America warns about liquidity problems

16:18 - 30.03.2023

March 30, Fineko/ Bank of America has warned about liquidity crisis, ABC.AZ reports with reference to the foreign press.

Thus, according to Bank of America, global money markets may face liquidity problems later this year as financial conditions tighten and economic growth slows.

Bank’s statement says that the relatively harmless way out of the banking crisis of recent days, the negative impact on the dollar of concerns about the banking sector in the U.S.

Nevertheless, Bank of America’s strategists Michalis Rusakis and Howard Du said that this step is "far from the level of the crisis".