Bloomberg Daybreak: Europe Edition cover image

Fed In Focus And Bonus Freeze At Credit Suisse

Bloomberg Daybreak: Europe Edition

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Banks Are Pulling Out of Risky Debt Deals

Former Bank of England policymaker Danny Blanche-Flower says it would be reckless for the Federal Reserve to raise interest rates this week. He told us on Bloomberg Daybreak Europe that the Fed is to blame for the recent volatility in the banking sector. Banks are pulling out of risky debt deals in the wake of financial failures around the world.

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