Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
(Bloomberg) -- America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned that a rate cut is still a couple of years away. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Blinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesNYC Air Quality Improves to Moderate Rating From ‘Unhealth...
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