Monetary policy is not solely to blame for this banking crisis
So, who, or what, is to blame? Why, 15 years after the start of the last financial crisis, might we be seeing that of another?
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UK Business Confidence Rises, But Cost of Living Weighs on Sales – Bloomberg
Business confidence in the UK crept up in the first quarter of the year, despite only a third of firms seeing an increase in sales,
U.S. Job Openings Dropped in February – WSJ
The number of job openings fell in February, dropping below 10 million for the first time in nearly two years in a sign that employers’
Bank of England ‘may need to cut interest rates earlier and faster’ – The Guardian
The Bank of England may need to cut interest rates earlier and faster as the impact from previous increases drags down the economy and pulls
Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time – Bloomberg
Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels
Amazon and Microsoft face referral to UK regulator over cloud services market – The Guardian
Amazon and Microsoft are facing a referral to the UK’s competition regulator over allegedly harming competition in the online cloud services market, amid “significant concerns”
Why hyper-personalisation is the next big thing in banking – The Banker
With growing digitalisation, the way we bank has undergone a huge transformation. Banks today can no longer expect to operate as they did earlier. Growing
Why are oil prices rising and what does it mean for inflation? – The Guardian
Oil prices jumped on Monday after some of the world’s biggest producers agreed to cut production. Here we explain what happened and what it might
JPMorgan Strategist Warns Stocks Are in ‘Calm Before the Storm’ – Bloomberg
A risk-on mood fueling this year’s equities rally is likely to falter, with headwinds from bank turbulence, an oil shock and slowing growth poised to
The rich world’s housing crunch is far from over – The Economist
At times during the long boom that followed the global financial crisis of 2007-09, it seemed as if house prices would never stop rising. Sales