Banking turmoil means recession fears are creeping back

Banking turmoil means recession fears are creeping back

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The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse's rescue, and the ensuing turmoil in world markets have re-ignited the recession risks that appeared to have abated just a few weeks ago. Traders now bet the Federal Reserve is practically done…

#siliconvalleybank #signaturebank #federalreserve #mikeriddell #jeromepowell #europeancentralbank #christinelagarde #goldmansachs #gillesmoec #svb

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