Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation.…
Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,…
Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
As extreme conditions grow more frequent, threat mounts to growth and inflation, especially in poor countries. Source link
China wants to boost its sluggish economy and keep its currency stable, but that is proving a difficult juggling act.…