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The year started with the persistence of inflation at elevated levels across economies, continuing geo-political uncertainties and tightening financial conditions. The banking turmoil in US (Silicon Valley Bank) and Europe (Credit Suisse) increased risk aversion with the expectations of an early reversal of the monetary tightening cycle, leading to Equity markets to correct and softening of bond yields. ....
Collapse of the US's Silicon Valley Bank highlights risk to Australian banks | The Canberra Times canberratimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canberratimes.com.au Daily Mail and Mail on Sunday newspapers.
Inflation here to stay and global banking system faces collapse - Workers Revolutionary Party wrp.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wrp.org.uk Daily Mail and Mail on Sunday newspapers.