Economy

Forecast comes as U.S. prices are falling.

Forecast comes as U.S. prices are falling.

Companies sitting on huge piles of cash now compete with bond funds like Pimco and BlackRock to buy corporate debt.

Companies sitting on huge piles of cash now compete with bond funds like Pimco and BlackRock to buy corporate debt.

May increase in nonfarm payrolls of 280,000 further strengthens U.S. dollar and increases odds of September rate hike.

May increase in nonfarm payrolls of 280,000 further strengthens U.S. dollar and increases odds of September rate hike.

Agency cuts forecast for U.S. growth, says the dollar is overvalued, and recommends that Fed delay its first rate increase until early 2016.

Agency cuts forecast for U.S. growth, says the dollar is overvalued, and recommends that Fed delay its first rate increase until early 2016.