The Fed’s Latest Policy Meeting, a Wild Ride for Mortgage Rates, and Record Money Market Inflows 03/21/23
Morning Call
00:00
Investing - What's the Latest?
European banks were marching higher across the board. First Republic Bank bouncing off a new all-time low after shedding another 47 percent yesterday. Bloomberg is reporting regulators are studying ways they might temporarily expand the FDIC's coverage of all deposits past the current $250,000 cap. Investing continue to weigh the long-term fallout from the Regional Bank reckoning and what it means for the Fed's two-day policy meeting today.
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