The Federal Reserve’s Interest Rate Increases Create Default Risks In Major Sectors

The Federal Reserve’s Interest Rate Increases Create Default Risks In Major Sectors

Market participants have their eyes on the Federal Open Markets Committee this week to see if its members vote to raise the federal funds rates again. The FOMC has raised rates nine times since March 17, 2022. Because inflation is nowhere near the Federal Reserve’s 2% target rate and due to JPMorgan’s recent acquisition of …

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