US interest rates held for fifth time in a row
US interest rates
Covered by 7 sources
- Irish Independent Business·2h agoBond rout sends 30-year US yield to 5.24pc as investors revolt over Fed’s inflation stanceRead at Irish Independent Business →
- Brisbane Times·9h agoAs the Fed sits tight on interest rates, investors take action
The US central bank left its policy rate unchanged and declined to provide any guidance about the outlook, so the bond market took matters into its own hands.
Read at Brisbane Times → - Economic Times·15h agoUS Fed chair Kevin Warsh says this after holding rates steady
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee and noted that the committee is focused on understanding the underlying inflation dynamics and shocks.
Read at Economic Times → - Bloomberg Economics·17h agoUS 30-Year Yield Soars to Highest Since ‘07 After Fed Stands Pat
US bond traders lowered their expectations that the Federal Reserve will raise interest rates at its next meeting after officials kept their benchmark steady on Wednesday, while 30-year Treasury yields surged to their highest since 2007.
Read at Bloomberg Economics → - BBC Business·17h agoUS interest rates held for fifth time in a row
The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
Read at BBC Business →
