Recent bank failures show need for vigilance: US Federal Reserve
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The banking system in the US is sound and resilient, with strong capital and liquidity but recent stress displays the need for vigilance as the country's central bank assesses and responds to such risks, the US Federal Reserve has said. The Federal Reserve Board publishes its semiannual 'Supervision and Regulation' Report to inform the public and provide transparency about its supervisory and regulatory policies and actions and current banking conditions.