
UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1
Bloomberg Daybreak: Europe Edition
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HSBC Buying Silicon Valley Bank
Economists led by Jan Haseous at Goldman Sachs say they no longer expect the Fed to raise borrowing costs in March. JP Morgan said on Sunday that it continues to expect a 25 basis point hike and next week's meeting. This ahead of US inflation data, which is due on Tuesday with economists expecting CPI to rise by 0.4% from the previous month.
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