
Bloomberg Daybreak Weekend: A Week of Bank Chaos
Bloomberg Daybreak: US Edition
00:00
The ECB's Half-Punch Increase in Interest Rates
The ECB went ahead with a planned half-point increase in interest rates, but offered few clues on what may follow amid market turmoil that roiled Credit Suisse. Former ECB chief economist Peter Pret joined Bloomberg's Guy Johnson and Alex Steele to talk about the challenges it faces. "What's so difficult is that you have the liquidity issue, a solvency issue, and then the confidence issue"
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