Prices

Bill Ackman believes the 10-year Treasury yield could approach 5% soon

Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…

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…

Some soft commodity prices are surging, adding to consumer woes

Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture.  A host of agricultural…

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…

The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown

A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…

Take the Fed forecast with a grain of salt. It has a terrible track record

On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of…

Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy

WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…

Striking unions impacting the economy at a level not seen in decades

The auto workers’ strike is the latest in a series of labor-management conflicts that economists say could start having significant…