Tag: International Monetary Fund

Large investors are warning that fears that interest rates in major economies will remain relatively high are growing, threatening to sound a painful alarm in financial markets. Global stock markets remain near record highs and demand for debt issued by the riskiest companies is strong as traders focus on expectations of a summer rate cut. But asset managers and economists now expect only minimal monetary easing, especially as the U.S. Federal Reserve faces unexpectedly persistent inflation.

"There are potential risks associated with this transfer of lending from regulated banks and more transparent public markets to the more opaque world of private credit."