Fitch sees defaults, arrears rising as growth slows amid tight financial conditions
In June, monthly filings returned to pandemic heights
Treasury chief says the gov't will work to reverse '14 years of chaos and economic instability'
Economy performing better than expected, pushing out Fed action
Monthly increase means central bank could pause at July meeting
Easing financial conditions cushion impact of slowing global economy
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
Fund manager survey finds investor sentiment growing gloomy
While there was concern progress could stall, consensus was inflation would continue downward momentum
Conservative Party seizes on news as proof its economic plan is working