Bank turmoil and energy markets
Plugged In: the energy news podcast
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The Risks of Market Volatility in the Emerging Markets
Investor faith in banks and investor faith in the security of their deposits can really evaporate very quickly. So I think we've seen this very rapid and large tightening in global monetary policy, and we're still seeing sticky inflation. And that environment of still high interest rates for some time does pose a risk to banks' profitability and a risk of further deposit outflows.
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