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Bank spring meetings, which could lead that kicked off on monday in washington. Our North America correspondent is there and has a preview of those meetings. High inflation continues to plague countries around the world. Central bankers are raising Interest Rates to try and slow down those price increases. As a result however, we have some of the weakest Growth Projections by the International Monetary fund since the 1990s. With the Worlds Finance Ministers and central bankers all meeting in washington this week the increasingly fragile Global Economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those Interest Rate rises. The high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain Global Economic outlook the imf believes many more countries will be looking to the imf for help. Reporting outside the world bank and imf building. For more we ca
bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it s also spooking thing market. it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that s just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower here. the regional banks that bounced back in the u.s. yesterday a sign of stability, a sign of relief, a mixed performance. first republic shares in premarket trading up a little bit. some of the other banks are down and again what folks are really zeroing in here is what are the exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in the near
bank spring meetings, which could lead that kicked off on monday in washington. our north america correspondent is there and has a preview of those meetings. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the worlds finance ministers and central bankers all meeting in washington this week the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain global economic outlook the imf believes many more countries will be looking to the imf for help. reporting outside the world bank and imf building. for
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