Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult. The main culprits are related…
Here’s the inflation breakdown for September 2023 — in one chart
Inflation was unchanged in September, but price pressures seem poised to continue their broad and gradual easing in coming months,…
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Wholesale inflation rose 0.5% in September, more than expected
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The…
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
Why now may be the time to own corporate bonds
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST)…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
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…
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…
