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Economy

(5,978 posts)

1. Silicon Valley Bank failed due to rising interest rates in March 2023.

Mon Apr 29, 2024, 11:07 PM

Apr 2024

That was just over a year ago. They went insolvent too. I wouldn't call Republic the 'first official financial victim' of rising interest rates.

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Silicon Valley Bank failed due to rising interest rates in March 2023. House of Roberts Apr 2024 #1

You're correct. TexasTowelie Apr 2024 #2