Credit Suisse chair says SVB crisis looks contained, rejects talk of government assistance
The contagion effect from the recent collapse of Silicon Valley Bank is local and contained, said Credit Suisse Chairman Axel Lehmann.
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The contagion effect from the recent collapse of Silicon Valley Bank is local and contained, said Credit Suisse Chairman Axel Lehmann.
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Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth.
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Inflation in the U.S. is likely to be 「far stickier」 and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
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The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022.
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The consumer price index rose 0.4% in February and 6% from a year ago, in line with market expectations.
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Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
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近日，市場迎來了一則引人注目的消息：工業巨頭3M公司（MMM.N）在本周五公布了其季度業績報告，隨後股價飆升至近兩年來的巔峯，漲幅一度突破20%的驚人水平。
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