Powell tells US Congress Fed still in no rush to lower interest rates, well positioned for ...
It is likely to hold rates steady until it sees more progress on lowering inflation as it awaits more details on Trump plans.
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Bonds extend losses as Jerome Powell says no rush to cut
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Powell in no hurry to ease rates, says need to watch inflation progress
Powell's worries stem from the fact that an early rate cut could spark inflationary pressures, given that labor market trend and consumption data shows that the economy can handle higher rates for ...
Asian equities mixed ahead of US inflation reading
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.