Raising money on Wall Street hasn’t been this hard in a decade

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6 min read . Updated: 07 Nov 2022, 06:31 PM IST Matt Wirz, The Wall Street Journal

Markets are stalling because the price of borrowed money is spiking as the US Federal Reserve raises interest rates to combat inflation (Photo: AP) — Markets are stalling because the price of borrowed money is spiking as the US Federal Reserve raises interest rates to combat inflation (Photo: AP)

Mergers, stock and bond offerings slowed in October to lowest level in over a decade as Fed rate hikes sucked capital out of the markets

It is quiet on Wall Street. Too quiet.