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CryptoGlobe 2023-07-05 02:00:00

Fed Economists Warn of Unprecedented Financial Stress Among U.S. Firms

In an unsettling revelation, two Federal Reserve economists have recently issued a comprehensive report that portends a potentially worrisome state of the American economy, noting an unprecedented level of financial distress amongst non-financial firms. According to the research note, since March 2022, the tightening of the U.S. monetary policy has led to a striking escalation

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