Interest Rates – Page 14

Why High Yields Make Bonds Better Investments Now

Back in 1994, bonds with fabulous yields were there for the taking. Our columnist doesn’t see treasures like that now, but there are solid buys.

The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.

A small drop in food prices in September was offset by rising costs for gasoline and diesel.

Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve officials wary.

Minutes from their last meeting showed that Fed officials saw risks of doing too much — or too little — to tame inflation.