Interest Rates – Page 68

Markets Soar on Signs of Slower Inflation

Stocks rallied and bond yields tumbled as investors reset their expectations for the pace of interest rate increases by the Federal Reserve.

Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.

Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.

Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead.

The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.