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bank for international settlements

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bank for international settlements

Bank for International Settlements says banks could experience 2008-like losses if inflation isn't controlled

Per Business Insider The Bank for International Settlements (BIR) is talking about a potential banking crisis that could happen with uncontrolled inflation. This was despite the bullish stock market as of press time. The BIS published an annual report which highlighted how possible the banking system could experience 2008-like losses
29 Jun 2023 1 min read
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