Warren, Elizabeth – Page 2

Markets Expect Fed to Raise Rates Despite Bank Turmoil

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.

Even after the sale of First Republic, investors are worried about challenges that regional banks still face, imperiling the economy.

The swift advance of artificial intelligence in politics is already blurring the boundaries between fact and fake.

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.

The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.