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World Business Report

US bank crisis: The fallout continues

26 min14 mars 2023

As the US bank crisis has unfolded in recent days, the global market has been rattled, but it looks like investors are now digesting the news about Silicon Valley Bank and Signature Bank, as regional bank share surges.

The Nikkei share index dropped by more than 2% but some experts are saying this crisis is nothing like the one in 2008.

How big will the fallout be? Will the crisis alter the US Federal Reserve’s thinking on interest rate rises?

(Picture: Getty Images)

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