Global equities fall, gold surges as banking worries linger

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Global equities fall, gold surges as banking worries linger
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Analysts say the worry about a possible banking crisis is far from over.

on Thursday, sticking to its pledge to fight inflation even as some investors called for a pause in the rate-hiking cycle until the banking turmoil eases.when it meets next week, down from previous expectations for a 50-bps increase.in recent days, which helped undo months of central bank effort to shrink the size of its balance sheet.

“It’s potentially a more stable environment, because it feels like we’ve passed the crisis point and things should normalize a bit.”

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