Federal Reserve

Hyperinflation Spook Story

Betting the Federal Reserve’s stimulus slingshot will come back to hit us all in the head with hyperinflation anytime soon will make you broke.

Fed widely expected to make sixth reduction in bond purchases at this week's meeting

The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered: When will it start tightening its benchmark short-term interest rate to make sure future inflation remains under control? How will it do so? And when will the Fed start reducing its enormous investment holdings — a move that will put upward pressure on interest rates? Chair Janet Yellen gave few hints about the answers to such issues when she testified to Congress this month.