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Soft or no landing? US Fed’s economic picture becomes complicated | World News

Soft or no landing? US Fed's economic picture becomes complicated | World News

[ad_1] 4 min read Last Updated : Apr 12 2024 | 12:08 AM IST The US seemed headed for an economic fairy-tale ending in late 2023. The painfully rapid inflation that had kicked off in 2021 appeared to be cooling in earnest, and economic growth had begun to gradually moderate after a series of … Read more

Switzerland unexpectedly cut key interest rate by 25 basis points to 1.5% | World News

Business Standard

[ad_1] By Bastian Benrath The Swiss National Bank unexpectedly cut its key interest rate by 25 basis points, moving months ahead of global peers as policymakers try to prevent gains in the franc.   Officials in Zurich lowered their benchmark to 1.5%, the first such reduction for one of the world’s 10 … Read more

‘Private credit returns will be pressured by banks as competition rises’ | World News

Business Standard

[ad_1] By John Sage Private credit’s “golden era” may face strain amid a resurgence in the broadly syndicated loan market, as increased competition drives down returns, according to a report from Moody’s Investors Service.   As banks compete harder to win big deals, recent private credit loans have priced at some of … Read more