Corporate America Has Dodged the Damage of High Rates. For Now. Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.
A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers. Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.