For much of the early part of 2023, the economy seemed to be humming along.
Inflation was hot, but continuing to ease. The labor market and consumer spending remained resilient. And few, if any, questioned the health of the financial system.
The Wall Street JournalFirst Republic, SVB, Credit Suisse show how higher interest rates caught up with banks
First Republic, SVB, Credit Suisse show how higher interest rates caught up with banks
By Akane Otani
18 Mar 2023 · 9 min read
The WSJ shows how the banking crisis has unfolded thus far as investors ask: Will the fallout among U.S. regional banks be contained, or spiral into something bigger, leading to an economic downturn?
The WSJ shows how the banking crisis has unfolded thus far as investors ask: Will the fallout among U.S. regional banks be contained, or spiral into something bigger, leading to an economic downturn?
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