Inflation Could Create a Sticky Situation
Sometimes sharply rising fuel prices don’t end up being inflationary. Unfortunately, this may not be one of those times. The Commerce Department on Thursday reported...
Bond Market Suffers Worst Quarter in Decades
U.S. bonds’ worst quarter in more than 40 years has come to a close. The question for many investors now is whether it is time...
Federal Reserve’s projected rate hikes ‘won’t sufficiently tame’ inflation, Credit Suisse says
U.S. inflation, already at a 40-year high, is likely to remain hot even after the Federal Reserve completes all 10 to 11 of its projected...
The yield curve is speeding toward inversion — here’s what investors need to know
The bond market’s most reliable gauge of the U.S. economic outlook for the past half-century is hurtling toward inversion at a faster pace than it...
War in Ukraine Is Already Taking Its Toll on Global Food Supplies
Ukrainian farmer Igor Borisov has 2,000 metric tons of corn from the fall harvest stuck in a warehouse behind Russian battle lines. Like other farmers...
Bullard says Fed moving too slowly to quell high inflation and putting economy at risk
St Louis Federal Reserve President James Bullard doesn’t think the U.S. central bank is attacking high inflation with enough urgency — risking both its credibility...
Americans Are Having an Inflation ‘Aha’ Moment
The fastest climb in inflation of the last four decades became real for Matthew Rivera when he ordered a plate of chicken wings last month...
Gold settles nearly 2% higher to end a 4-session streak of declines
Gold futures ended nearly 2% higher on Thursday to post their first gain in five sessions, buoyed by a drop in the U.S. dollar. Investors...
Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg
Inflation has turned out to be not-so-transitory, and the Federal Reserve has its knives out. Well, its hammer, anyway. Raising interest rates — the U.S....
The Inflation Hits Just Keep Coming, Raising Stakes for the Fed
For the Federal Reserve, the hits driving inflation keep piling up. Escalating sanctions by the West to punish Russia for its war against Ukraine are...