S&P Downgrades Israel's Long-Term Ratings To 'A' Amid Hezbollah Conflict
S&P Global downgraded Israel's long-term ratings to 'A' from 'A+' on Tuesday, citing risks to the country's economy and public finances from conflict.
S&P Global downgraded Israel's long-term ratings to 'A' from 'A+' on Tuesday, citing risks to the country's economy and public finances from conflict.
BlackRock Inc. CEO Larry Fink said the market is pricing too many interest-rate cuts from the Federal Reserve given the US economy continues to grow.
The Federal Reserve began its interest-rate reduction campaign with last week's 50-basis-point (0.5-percentage-point) move.
Anna Wong, Bloomberg Economics’ Chief US Economist, forecasts a 70% chance that the US economy is either already in a recession or approaching one.
The private credit market is set to face a “reckoning moment” and a period of difficulty it hasn’t seen since 2008 according to Jae Yoon CIO.
After the Federal Reserve’s 0.5-percentage-point interest-rate reduction last week, many experts say a soft landing for the economy is in store.
US stocks can soar to fresh highs thanks to the Fed's aggressive half-point interest rate cut last week but bankers should tread carefully.