Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.
Although WallStreet would almost always prefer lower interest rates, “we would continue to focus on why the Fed won’t cut any time soon, specifically a strong economy and labor, which bodes ...
The Fed kept rates on hold as expected and Chairman ... closing down 0.3%. Powell did address WallStreet, saying asset prices are elevated “by many metrics” and a “good part of that ...
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