'How did it happen' - Powell says Fed puzzled by SVB collapse
At a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his "only interest is that we identify what was wrong here."
!['How did this happen ' - says Powell Fed is perplexed by SVB collapse](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/9b3ecc58-ac99-47aa-9c7b-df13fe237423.jpg)
!['How did it happen' - Powell says Fed puzzled by SVB collapse](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvOWIzZWNjNTgtYWM5OS00N2FhLTljN2ItZGYxM2ZlMjM3NDIzLmpwZw==.jpg?#)
At a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his "only interest is that we identify what was wrong here."
!['How did this happen ' - says Powell Fed is perplexed by SVB collapse](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/9b3ecc58-ac99-47aa-9c7b-df13fe237423.jpg)
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