2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
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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 ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...