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Fed warns of historically high business debt

Tuesday, May 7, 2019   (0 Comments)
Posted by: Amanda Averch
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The debt-to-asset ratio for nonfinancial publicly traded companies is close to the highest level in 20 years, the Federal Reserve said in a report on financial stability. Lending to the most indebted companies is near levels hit right before the financial crisis, but overall the financial system "appears resilient," the central bank said.

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