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    CRU Aluminum: Banking Sector Woes Dent Macro Sentiment

    Written by Matthew Abrams


    The macro environment in the US has proven to be extremely volatile and continues to change on a month-by-month and sometimes even week-by-week basis.

    Last year ended with worries about an incoming recession as the Federal Reserve hiked interest rates to slow the economy. As 2023 opened and year-end economic data trickled in, the figures were better than expected and provided a bit of optimism.

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