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Is the banking crisis over?

Published March 17, 2023 at 9:14 AM PDT

A group of 11 banks has injected $30 billion into First Republic bank. And with that rescue, we ask Michael Regan, senior editor at Bloomberg News, if the banking crisis of the past week is over and if it’s made a recession more likely.

 

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.