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Fed's Powell Says No Need to Hurry Rate Cuts
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers. The 10-year Treasury yield traded nearly 2 basis points higher at 4.469%, while the yield on the 2-year Treasury rose around 2 basis points to 4.301%.
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
23h
on MSN
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
The Boston Globe
1d
Trump, the Fed, and the almost inevitable showdown over interest rates
At least for now. Trump, who appointed
Powell
as
Fed
chair, weighed firing him in a disagreement over
interest
rates
...
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