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The Daily Hodl 2023-07-04 03:08:20

Fed Economists Warn Large Economic Shockwave Likely, With ‘High Share’ of Companies Now in Financial Distress

The Federal Reserve just issued a fresh warning on the state of the US economy. A research note published by two Federal Reserve economists says the number of non-financial firms that are now in financial distress is at historic levels. “The stance of U.S. monetary policy has tightened significantly starting in March 2022. At the The post Fed Economists Warn Large Economic Shockwave Likely, With ‘High Share’ of Companies Now in Financial Distress appeared first on The Daily Hodl .

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