European markets head for higher open as the region's banks are watched closely

European markets head for higher open as the region's banks are watched closely

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The recent banking turmoil could bring the U.S. closer to a recession, Minneapolis Fed president Neel Kashkari said in an interview with CBS' Face The Nation. "It definitely brings us closer right now, what's unclear for us is how much of these banking stresses are leading to a widespread credit…

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