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Investors bet on Fed raising interest rates after First Republic failure

Por: Newsweek Nation May 01, 2023

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The Federal Reserve is anticipated by investors to again increase interest rates this week following the collapse of another major bank—the third this year.First Republic Bank was closed, seized by regulators on Monday and all of its deposits and assets have now become the responsibility of JPMorgan Chase following a sale. All depositors will still have access to their money but through accounts facilitated through JPMorgan Chase.The bank... + full article



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