U.S. government debt prices slid lower Friday, when markets responded to Federal Reserve Chairman Jerome Powell’s announcement of a major policy shift when it comes to inflation. The yield on the benchmark 10-year Treasury note rose to 0.7638%, while the yield on the 30-year Treasury bond peaked higher to 1.5369. …
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The Federal Open Market Committee (FOMC) announced Wednesday that it has left the benchmark interest rate, the target range for federal funds, unchanged at 0% -0.25% as widely expected. In its policy statement, the Federal Reserve reiterated that it is committed to using its full range of tools to support …
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Jerome Powell, chairman of the Federal Reserve System, will deliver his remarks on the monetary policy outlook at a press conference after the Board of Governors meeting. Powell’s speech will begin at 18:30 GMT. Follow all Fed updates, reviews, technical levels to see and more in Fed Live coverage Related …
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