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    • Persistent high rates mean no escape from the debt squeeze

      Crain's Cleveland Business· 2 days ago

      Record low borrowing costs helped drive one of the world’s biggest housing booms. Many of the businesses acquired by PE firms were in the consumer sector, an industry whose customers have been hit hard by inflation.

    • The Fed Won’t Cut Rates This Year

      The Fed Won’t Cut Rates This Year

      Barrons.com· 2 days ago

      As a result of that period, millions of homeowners are sitting with 30-year mortgages fixed at rates below 4%. Corporations likewise took the opportunity...

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