Hyperventilating world markets have finally caught their breath as the U.S. bank shock of the past week appeared to calm somewhat and gyrating interest rates found a level, the Reuters website reports.
Volatility is likely to persist as easing financial system tensions re-introduce rate hike risks the U.S. inflation readings seem to warrant.
Credit Suisse shares slid again today (March 15, 2023), dropping by as much as 10.5% to a new record low.
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