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Fed to Hike Rates as US Bank Turmoil Persists

Fed to Hike Rates as US Bank Turmoil Persists
Banking relief after JP Morgan swallowed the First Republic Bank on Monday remained short-lived, as some regional bank stocks, like Valley National Bankcorp lost another 3%, Western Alliance Corporation another 15%, and PacWest Bancorp another 28%, even though it had said last week that the deposit outflows had slowed in March. As such, SPDR’s US […] The post Fed to Hike Rates as US Bank Turmoil Persists appeared first on Action Forex... Read More
Posted: May 3 2023, 07:42
Author Name: actionforex
Views: 110680

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