Bloomberg Investors pulled money out of US loan funds at a record pace, withdrawing $3.3 billion in the week ended December 19, as they grew increasingly spooked by market turmoil. It was the fifth straight week of outflows of more than $1 billion, an exodus that’s driven prices to the lowest since September 2016, according to the S&P/LSTA Leveraged Loan …

Bloomberg Morgan Stanley is planning to increase bonuses for dealmakers and traders, businesses that are on pace for a bigger revenue jump than at the firm’s rivals, according to a person familiar with the matter. Percentage increases for Morgan Stanley’s institutional-securities group will be in the low-to-mid single digits, said the person, who asked not to be identified discussing pay …

Bloomberg The Federal Reserve spent early 2018 assuring investors it wouldn’t fret if inflation climbed above its 2 percent target. That possibility now looks increasingly distant. Oil prices have slumped, weighing on expectations. Housing, a big inflation contributor throughout this cycle, is cooling. And while the core version of the Fed’s preferred price index touched 2 percent this year, Fed …