#BREAKING: Deutsche Bank shares slide 8%, and are now down over 20% this month.
- Deutsche's AT1 Bonds also sold off sharply
- CDSs spiked from 142 to 173 basis points
- Investor concerns around EU banks persist
Is Deutsche the next domino?
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Powell: Inflation remains too high.
Powell: The labor market is still too tight.
Powell: Consumer spending appears to have picked up this quarter, although some of that is weather related.
Powell: Activity in housing remains weak
Powell: Policymakers are generally expect subdued growth to continue
Powell: Higher rates and slower growth are weighing on businesses
Powell: Wage growth has shown some signs of easing
Powell: The labor market is still too tight.
Powell: Consumer spending appears to have picked up this quarter, although some of that is weather related.
Powell: Activity in housing remains weak.