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Lost Republic
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Lost Republic

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The Credit Strategist
Apr 26, 2023
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Lost Republic
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First Republic Bank’s (FRC) pending failure likely won’t cause a financial crisis (because regulators, depositors and investors are prepared for it) but it’s another consequence of higher interest rates that are going to continue to work their way through the financial system for the foreseeable future. For the moment equity investors aren’t showing mu…

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