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…
China’s retail sales surprise with faster growth in August, but real estate drag worsens
BEIJING — China’s retail sales and industrial production picked up pace in August with better-than-expected growth, according to National Bureau…
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
LONDON — The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment…
