PitchBook：2024年二季度定量视角：压力之下报告（英文版）

Economic growth conditions have continued to be better thanexpected, providing a solid backdrop for financial asset prices andbusiness fundamentals. However, the combination of strong growth, ahealthy labor market, and above-target inflation has dampened theFederal Reserve's (the Fed's) willingness to meaningfully cut interestrates this year, Short-term rates above 5% have kept the lid on buyoutdealmaking activity despite optimism from market participants that thedam of pent-up activi