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Treasury yields climbed on Wednesday — sending the two-year note’s to the highest level since March — as traders further pared wagers on more than one Federal Reserve interest-rate cut by year-end.
Data showing temperate consumer inflation in April does not necessarily reflect the impact of rising U.S. import tariffs, with the Federal Reserve still needing more data to discern the direction of prices and the economy,
Wall Street bounced between small gains and losses as markets await retail sector data and hints from the Fed.
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Federal Reserve Chair Jerome Powell says it is still appropriate to keep monetary policy on hold, given uncertainty about the economic outlook.
Markets on Monday have been celebrating a rapprochement in U.S.-China tariffs. But trade policy is likely to stay top of mind for central bankers as they navigate [how to set interest rates](
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into a recession.