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by bullsarethegoodguys Societe Generale Since the Federal Reserve began aggressively hiking interest rates last year, more and more economists warned that a US recession was imminent. But that recession has not yet arrived, and there’s no sign a recession is …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the ’70s. Studies suggest that these conditions could lead to significant declines in investment …