Market reactions to Powell speech

  • 📰 Reuters
  • ⏱ Reading Time:
  • 4 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The U.S. Federal Reserve may need to raise interest rates further to ensure inflation is contained, U.S. Federal Reserve Chair Jerome Powell said on Friday, in remarks that balanced declines in the pace of price increases over the past year with the surprising overperformance of the U.S. economy.

, in remarks that balanced declines in the pace of price increases over the past year with the surprising overperformance of the U.S. economy.MARKET REACTION:TREASURIES: Benchmark 10-year yields US10YT=RR were 4.

27%, up 4 basis points. The 2-year US2YT=RR was at 5.09%, up 7 basis points.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speechAsian shares are mostly falling, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the U.S. economy.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Global shares mixed ahead of a speech by the Federal Reserve chairGlobal shares are trading mixed as investors digest a blowout profit report from Nvidia and mixed reports on the United States economy.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Global shares mixed ahead of a speech by the Federal Reserve chairGlobal shares are trading mixed as investors digest a blowout profit report from Nvidia and mixed reports on the United States economy.
Source: wjxt4 - 🏆 246. / 63 Read more »