inflation

California woman pleads guilty in $1.6 million counterfeit Series I savings bond scheme

WASHINGTON — A California woman pled guilty to helping process more than $1.6 million in counterfeit Treasury Department Series I…

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…

The Fed’s favorite inflation indicator rose less than expected in August

An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the…

Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation

Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…

Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates

Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…

Dimon warns that the Fed could still raise interest rates sharply from here

JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…

Two key Fed officials express support for keeping interest rates high

Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…

Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…

Fed declines to hike, but points to rates staying higher for longer

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…

Here’s everything the Fed is expected to do Wednesday

As often has been the case, this week’s Federal Reserve meeting will be less about what policymakers are doing now…