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UBS to Buy Credit Suisse

Bloomberg Daybreak: Asia Edition

00:00

Is There Still a Risk That We Could See This Spread Further?

The Fed has its two-day meeting starting Tuesday. We don't really know their assessment of the severity of the financial stability risk they're facing, says John Defterios. I think there are two options. 25 basis point increase in policy rate is one option. The other option is a pause.

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