[HN Gopher] Fed raises interest rates, leaves door open to anoth...
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       Fed raises interest rates, leaves door open to another increase
        
       Author : sgerenser
       Score  : 16 points
       Date   : 2023-07-26 19:52 UTC (3 hours ago)
        
 (HTM) web link (www.reuters.com)
 (TXT) w3m dump (www.reuters.com)
        
       | RetpolineDrama wrote:
       | Ouch, this is going to get a lot worse isn't it?
        
         | toomuchtodo wrote:
         | Nah, labor market is robust and these efforts are still
         | draining money out of the economy (although asset prices aren't
         | deflating like one would hope).
         | 
         | I guess the question is, "worse for whom?" Commercial real
         | estate and regional banks still in trouble for sure, as are
         | zombie firms who are going to hit a debt maturity wall when
         | debt comes due and they attempt to refi that debt at current
         | rates.
        
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       (page generated 2023-07-26 23:03 UTC)