10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
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Asian markets fluctuate at end of tough week
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while traders also contemplated a hawkish Trump presidency. However, while the ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Stocks dip, dollar advances after data, Powell comments
A gauge of global stocks fell for a third straight session on Thursday while the dollar climbed, after U.S. labor market data ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown ...
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ASX Lunch Wrap: ASX rallies as MinRes admits slip-up; Cyclone doubles after Vale deal
The ASX is on the rise, despite Powell's hawkish stance. Meanwhile MinRes admits slip-up and Cyclone Metals has surged after ...
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Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...