Category: fed-interest-rates

Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Newsbreak 2 weeks ago in Around The World, Breaking News, business-holiday-reup-2023, corporate-bankruptcies, debt-defaults, fed-interest-rates, high-yield-bonds, interest-rate-outlook, Markets, MI Exclusive, recession outlook, Recessions, us-debt, us-economy-outlook, zombie-companies 0

The US economy is showing resilience, but experts warn a recession is still on the table. Robert Alexander / Getty A wave of corporate bankruptcies and debt defaults could rock the economy, experts say. Charles Schwab expects bankruptcies and defaults to peak at some point over the next two quarters. A spike in bankruptcies among US companies could help push the economy into a recession. …

October’s Goldilocks inflation report sparked the biggest sell-off in the dollar all year as investors eye looser Fed policy

Newsbreak 3 weeks ago in Around The World, Breaking News, dollar-outlook, dxy, fed inflation, fed-interest-rates, fed-rate-cuts-forecast, Inflation, inflation-outlook, interest-rates-outlook, Markets, MI Exclusive, US Dollar, US Economy and Markets, us-dollar-index 0

The USD slipped lower after inflation came in cooler-than-expected in October. Thomson Reuters The US dollar saw its biggest sell-off so far in 2023 following the October inflation report, BofA said.  The dollar index has slid 2% since peaking at around 107 in early October. Investors are expecting the Fed to start loosening monetary policy in 2024.  The drop in inflation in October fueled the…