The number of deals and their value are both below pre-pandemic levels. In the U.S. deal values fell 23 per cent in 2023 from just before the pandemic, while the number of deals slumped 20 per cent. The current year is on track for and even deeper slump, according to Dealogic, as per a report on AP.
That could change thanks to the Federal Reserve loosening its interest rate policy and returning President Donald Trump vowing to slash regulations. Trump's planned cuts to the Federal Trade Commission could also mean less staff scrutinizing antitrust concerns.
“President Trump’s administration is set to continue its push for deregulation across various sectors and existing governmental agencies, aiming to lighten the regulatory load on both the economy and businesses,” said EY chief economist Gregory Daco.
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