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BBCNEWS World July 6, 2024



in what is being viewed in come circles as a sign that eurozone borrowing costs may soon reach their peak. the move mirrors the us federal reserve s quarter point rate rise on wednesday. central banks on both sides of the atlantic have dramatically raised rates since last year in response to a surge in inflation. professor christian de boissieu is emeritus professor of economics at the sorbonne university in paris. the lending service from the bank suggest that a credit crunch is looming. does that suggest to you that the era of credit cycle tightening has come to an end? i would first say that this credit cycle is not over yet. it is true that it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, t ....

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MSNBCW Deadline July 2, 2024



what matters to them and what doesn t. that moment of clarity is right now. last night, contrary to what many were led to believe, americans across the country propelled democrats to what may have been the most consequential political achievement for the democratic party since the day joe biden was elected. voters injected rocket fuel directly into the party s blood stream. electing democratic candidates and advancing their key policy positions. in kentucky, the governor s race once projected to be a very close one was not. incumbent democrat andy beshear won by a 6-pointrgin. in a state that donald trump won 6 points. in virginia, nbc news projects democrats retain control of the state senate and actually flipped the house of delegates. now governor glenn youngkin, the conservative poster boy generating national buzz, will wrestle with two chambers controlled by the democratic party over matters of gun safety, voting rights and the issue that defined that race and othe ....

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BBCNEWS World Business Report June 4, 2024 13:37:00

That and about to ten years after, the smaller banks shouldn t be put under tow much scrutiny and then suddenly, here we are today. just. suddenly, here we are today. just, another area suddenly, here we are today. just, another area of suddenly, here we are today. just, another area of concern suddenly, here we are today. just, another area of concern in - suddenly, here we are today. just, another area of concern in rising interest rates. i was just talking to the professor who says he doesn t think we are anywhere near the end of a credit tightening cycle. how many mortgage lenders are we likely to see and travel over the intervening month?- to see and travel over the intervening month? that was also echoed by the federal intervening month? that was also echoed by the federal reserve i intervening month? that was also i echoed by the federal reserve chair yesterday when he announced the latest rate hike. he said that credit conditions were tightening. alarm bells have been r ....

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Detailed text transcripts for TV channel - MSNBC - 20180531:13:58:00

The volcker rule is making sure that banks are there for hedge funds. banks should be a market maker, not to take extraordinary risk with their depositor s money. banks, if they want to trade, should have a part of the bank that does that. should they be doing that with the deposits of average americans? that s the issue. and if they make mistakes so peril that threatens the institution. or if it s a threat to the economy, should banks be accountable for the losses. the answer to that should be no. especially when average homeowners are not getting bailed out of mortgages because of making bad choices and not getting bailed out for their bad choices, should banks be? there s a la jegitimate argumen that banks shouldn t be ....

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Detailed text transcripts for TV channel - MSNBC - 20170727:23:54:00

Signatures. oh my god. go ahead. so the white house right now is full of goldman sachs alums. but reuters reported on a 2004 letter that president trump wrote to the treasury secretary at the time saying that big banks shouldn t be allowed to merge. it is bad for business. bad for u.s. businesses. so it is interesting how things have changed. the former secretary of defense had a great joke the other flight. he said if they hire one more person in goldman sachs in the white house, there will be no one left to listen to hillary clinton s speeches. a lot has been made of loyalty as an issue and that being the breaking point for trump. that he was upset that sessions had been disloyal to him. my conversations with white house aides, that s not the real issue. the real issue is strength. a character that he prizes more than loyalty. ....

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