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04 May 2023


Federal Reserve hikes rates by 25 bps to 5.25% and signals a pause

The world’s largest central bank -Federal Reserve- raised its fed funds borrowing interest rate by 25 bps to a target range of 5% to 5,25% on Wednesday night, as...

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02 May 2023


JP Morgan purchases the collapsed First Republic Bank

The fresh trading week started with an important announcement saying that the U.S. giant lender JP Morgan purchased the battered U.S. regional lender First Republic Bank...

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