WSJ What’s News

Regional Bank Shares Fall, Ahead of Fed’s Expected Rate Hike

05.02.2023 - By The Wall Street JournalPlay

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P.M. Edition for May 2. Shares of regional banks fell sharply on Tuesday. The declines come after First Republic struck a deal to sell the bulk of its operations to JPMorgan Chase and before an expected rate-hike decision from the Federal Reserve. Plus, WSJ economics reporter Harriet Torry discusses President Biden’s record on the economy, as he launches his re-election bid. Annmarie Fertoli hosts.

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