Tag: US central bank
US yields rise before retail sales data
US Treasury yields rose on Monday, ahead of key economic data on retail sales and import prices on Tuesday, and the Federal Reserve’s policy...
US Fed’s Powell: Larger-than-expected tariffs likely to boost inflation, slow growth
BY HOWARD SCHUEIDER
• US central bank chief cites risk of persistent inflation
• Powell says Fed determined to keep inflation expectations anchored
• He does not...
Dollar rebounds
NEW YORK- The US dollar rebounded against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged...
Analysts weigh whether Fed will stop or pause balance sheet cuts
BY MICHAEL S. DERBY
Expectations for the future path of the Federal Reserve’s balance sheet drawdown process have been scrambled in the wake of last...
Fed sees no hurry to cut again, keeps rates at 4.25%-4.5% range
By HOWARD SCHNEIDER, MICHAEL S. DERBY
WASHINGTON- The US central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there...
