Economic Heavyweights On the Banking Crisis
Bloomberg Daybreak: US Edition
00:00
Fed to Cut Rates This Year, but Not to Rake Rates
Banks are among several facing a Justice Department investigation into Russian oligarchs, finding help avoiding sanctions. Standard Chartered CEO Bill Winters says he'd be open to looking into Credit Suisse's assets if they were made available. The chorus is growing on the Fed not to raise rates this year, but to cut them.
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