This is what the Fed’s interest-rate cut means for distressed companies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2024
0mins
Source: MarketWatch
Impact of Interest Rate Cut: The Federal Reserve's recent 50-basis-point interest rate cut is expected to provide relief to struggling companies, as noted by Howard Ehrenberg from Greenspoon Marder's bankruptcy and reorganization practice.
Historical Decision: This decision marks a significant move by the Fed, opting for the larger of two potential rate cuts available.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
