Analysts warn that bankruptcies and defaults could jump as the world adjusts to higher interest rates.
Tag: Interest Rates
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What to Watch at the Federal Reserve’s July Meeting
The Federal Reserve is poised to raise interest rates after pausing in June. What comes next is crucial, but don’t expect clear commitments.
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Global Economy Shows Signs of Resilience Despite Lingering Threats
The International Monetary Fund upgraded its global growth forecast for 2023.
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Russia Raises Interest Rates, Trying to Cool Wartime Economy
With the ruble weakening and the government spending ever more money on the war in Ukraine, Moscow took unexpectedly sharp action to curb inflation.
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U.S. Recession Appears Less Likely, Economists Say
Rising interest rates were widely expected to put the U.S. economy in reverse. Now things are looking rosier, but don’t pop the Champagne corks yet.