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16 Mar 2023

Moody’s: Fed's inflation fight remains a priority, but financial stability risks complicate rate path

Global rating giant Moody’s crossed wires, via Reuters, during late Wednesday as it conveys the guidance for the global central banks, especially for the US Federal Reserve (Fed), amid the Credit Suisse turmoil.

“Expect the Federal Open Market Committee (FOMC) to raise the federal funds rate by 25 basis points at its march 22 meeting, said Moody’s per Reuters.

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Mar 16, 2023

Sources: Large US banks view Credit Suisse exposure as manageable – Reuters

Reuters cites three anonymous industry sources on Wednesday to say, “Large US banks have managed their exposure to Credit Suisse in recent months and
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Mar 16, 2023

EUR/USD eyes 1.0600 as ECB sets for a bigger rate hike despite Credit Suisse fiasco

The EUR/USD pair is juggling in a narrow range near 1.0580 in the early Tokyo session after a recovery move from below 1.0520. The major currency pair
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