The US Federal Reserve will have to deal with a delicate balancing act if it opts for a more relaxed view of inflation, according to a former Federal Reserve governor. It comes as market participants look ahead to the final meeting minutes of the Fed, amid intense speculation the central …
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U.S. government debt prices climbed higher Friday after falling on the backs of stronger weekly data Thursday. The yield on the benchmark 10-year Treasury note was lower at about 0.7012% in early trading, while the yield on the 30-year Treasury bond dropped to about 1.4135%. Bond yields fall as their …
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US debt prices were lower on Monday morning as investors monitored the state of US stimulus talks and the recent decline in relations between Washington and Beijing. At around 2:50 AM ET, the yield on the benchmark 10-year Treasury note was higher at 0.5673% and the yield on the 30-year …
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Senator Mitt Romney, a Republican from Utah, listens during a Senate Small Business Committee hearing on Coronavirus Relief Aid and “CARES Act Title I Implementation”, in Washington, USA, June 10 2020. Al Drago | Reuters Senator Mitt Romney plans to vote against Judy Shelton’s controversial nomination for the Federal Reserve, …
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The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
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