image of steve kornacki. and while i do have a good board, i can t do magic the way that steve kornacki can. so i m following the junior big board. but sometimes maybe al graduate to senior big board. but it s been a really volatile time in the market. not just the stock market which most of you has watched. but also the credit markets which is where the fed operates. let me just give you a sense of what has been going on here. if you go back to early february the market was predicting a slight rise in interest rates. and then a decline by the end of the year. then we started to get much stronger economic data come in. and following speech technology. and then the markets shut up and we said we think that at the end of the year interest rates will be at 5.5%. and then you have the silicon valley bank event. and lo and behold the market released itself and became a cutting of interest rates by the end of the year.
The World Bank approved on Thursday a $160 million loan for Costa Rica to strengthen the Central American nation's ability to manage risks related to natural and pandemic-related hazards, according to a statement published by the entity. (Reporting by Alvaro Murillo; Editing.
Shares of Germany's largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis.