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Bankruptcies, particularly among smaller firms, are set to rise, the rating agency says

The changes ushered in by Covid-19 will have a long-term impact

Economic shutdowns and restrictions led to a 3.2% decline in consumption last year

Robust household finances shouldn't be undone by rising rates anytime soon, report says

man working from home with baby

The think tank argues for "aggressive incrementalism" rather than a wholesale change to childcare

office workers wearing gloves and masks

Moody's sees a full recovery in 2021, but scars inflicted by the crisis won't fade for years

changes ahead sign

Various regulators are reviewing how funds fared during market stress, and whether rule changes are in order

client and advisor with masks on

As infections soared, mental health declined and openness to inoculation increased

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

Accounting rule changes, less risky loans and government support measures have banks ready for possible loan losses

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

The gap between expected and actual insolvencies may shrink