Interest rates are still sky-high — but companies aren't feeling the squeeze

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• The Federal Reserve has not started cutting interest rates with inflation still north of 2%.
• Yet companies haven't found it this easy to borrow cash since 2022, a Chicago Fed index shows.
• Stocks have also carried on racking up gains this year despite higher rates.

Companies haven't found it this easy to borrow in more than two years, according to one indicator, even though the Federal Reserve...