Fed Raises Rates a Quarter Point, Citing Persistent Inflation Pressure
The Federal Reserve raised its benchmark interest rate by a quarter percentage point Wednesday, moving the federal funds rate to...
Forward for Specialty Finance
Economy
J.S. Held Lending Climate Survey Finds Growing Lender Caution Amid Rising Economic and Geopolitical Risks
Executive Summary: The Q3/2026 J.S. Held Lending Climate in America survey finds US lenders are becoming increasingly cautious as geopolitical...
KBRA: Easing Valuation Pressures Mask Rising Credit Stress in Private Credit BDCs
KBRA released its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2026. In...
Private Credit Market Turns Inward as Geopolitical Risk, Defaults Reshape Outlook
Private credit executives who a year ago were focused on new deal flow are now bracing for geopolitical shocks and...
Midsize Firms’ Tariff Bills Ease from October Peak but Stay More Than Double Pre-2025 Levels, JPMorgan Chase Institute Finds
Tariff payments made by midsize U.S. companies have pulled back from their October 2025 high but remain more than twice...
Middle Market Debt Weekly: ABL & Secured-Revolver Refinancings Priced Across the Risk Spectrum This Week
Asset-based and secured lending set the pace for the week ending July 11, 2026, with a run of refinancings that...
Middle Market Debt Weekly: Fed Holds Steady as Middle East Conflict Reshapes Rate Outlook, Private Credit Redemption Wave Deepens & Oil Shock Tests Borrower Resilience
The Federal Reserve held the federal funds rate steady at 3.50%–3.75% this week in a widely anticipated decision, but the...
Middle Market Debt Weekly: Iran War Triggers Historic Oil Surge While Private Credit Contagion Spreads to BlackRock
The week ending March 8, 2026, delivered a convergence of shocks that fundamentally altered the risk calculus for middle market...
JPMorgan’s 2026 Outlook: Middle Market Holds Steady as Tariffs and Tech Redefine the Playbook
Middle market leaders are entering 2026 with a "proceed with purpose" mindset. Despite a choppy geopolitical backdrop and a looming...
Middle Market Debt Weekly: ABL Market Shows Robust Activity Amid Economic Headwinds
Asset-based lending activity for the week ending Sept. 14, 2025, demonstrated strength with $2.3 billion in announced facilities despite manufacturing...
