Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt, The Wall Street Journal reports. 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 last week increased
Companies rushing to pay down debt to sidestep interest rate shock
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
