The Latest Breaking News from Interest Rates

Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy

Earlier today, I was interviewed by Michelle Rook on AgWeb's Markets Now. We spoke about the action in the grain markets, energy markets, gold, cattle, and interest rates.

Especially because the once-dismissed possibility of rising rates is now a reality.

The dollar index (DXY00 ) on Thursday rose by +0.70%. The dollar on Thursday recovered from a 2-1/2 week low and posted moderate gains after stronger-than-expected U.S. economic reports bolstered the outlook for the Fed to raise interest rates one more time this year. Also, dovish ECB comments on Thursday...

'I like the idea of [investors] staying humble in the face of incoming information,' says Morningstar's Christine Benz.

The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.

Rather than being vetoed by bond markets, policymakers are seeking higher rates–and getting what they want.

Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high

Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.