Tag: Sidestep

Businesses Rush to Sidestep Rate Shock by Paying Down Debt

Businesses Rush to Sidestep Rate Shock by Paying Down Debt

Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession.  Finance chiefs across industries are feeling the pinch of higher borrowing costs as the Federal Reserve continues to hike interest rates to combat persistently high inflation. The U.S. central bank […]

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