raised interest rates by 50 basis points on Thursday, suggesting the policymakers remain confident that the region’s banking sector will be able to cope with more monetary tightening even in these troubled times.data for the Eurozone are due later in the session in a thin calendar for economic data releases, and is expected to show that inflation grew 0.8% on the month in February, up 8.5% on the year.
In corporate news, Sanofi stock rose 0.4% after the drugmaker said it would slash U.S. list prices for its most-prescribed insulin product, Lantus, next year following similar moves by U.S. rivals.
Trouble brewing with dollar swaps, starting with Turkey! 80! Trillion black hole!
this is nonsense
Dude wake up
Should we thank the banks.
Believe me, most of the banks in America will not be able to save the dollars that the FED has printed. As long as the interest rates continue to rise, the banks will collapse, the American economy will go bankrupt.
I t ‘ s a l l a l o a d o f b u l l s h i t .
relief rally to new bull run
' The banking contagion is under control ' 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩 'This is a system based on 'Trust'..The banking system is 'safe' and well capitalized' 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩 ' Depositors will get their money when they need it' 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩
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