Fed Holds Rates but Two Officials Back a Hike, as Warsh Cuts Back Rate-Setting Meetings
The Federal Reserve held interest rates steady on Wednesday. A split vote and a change to its meeting calendar showed a central bank still divided...
Tag : US economy
Fed Set to Hold Rates Today as Traders Price In a December Hike
The Federal Reserve is widely expected to leave interest rates unchanged on Wednesday, pausing a tightening campaign that began only last month. Investors, meanwhile, are...
US Inflation Report Lands as Traders Bet the Fed Will Pause Before Raising Rates Again
Wall Street has spent the past two weeks watching two numbers: the yield on the 10-year Treasury note and the price of crude oil. On...
US Inflation Report Looms as Oil Shock Tests the Fed’s Next Rate Move
The US Labor Department is due to publish its September consumer price index at 8:30 am Eastern on Wednesday, 14 October, and few releases this...
US Treasury Yields Hit Highest Level Since 2002, Pushing Mortgage Rates Above 7.5%
Government bond yields in the United States have climbed to their highest levels in more than two decades, a surge that is already feeding into...
US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 as the Oil Shock Drags On
The United States’ emergency oil stockpile has shrunk to its lowest level in more than four decades, a stark measure of how long the Middle...
US Consumer Confidence Sinks to Lowest Level in More Than 12 Years as Fuel Costs Bite
American households are more downbeat about the economy than at any point in more than a decade, as higher fuel costs, rising borrowing rates and...
Wall Street Slides as Treasury Yields Climb to Highest Level Since 2007
Wall Street stocks fell on Wednesday as a sharp jump in government bond yields rattled investors already nervous about inflation, oil prices and the prospect...
US 10-Year Treasury Yield Climbs to Highest Level Since 2007 as Fed Signals More Rate Hikes
The yield on the benchmark 10-year US Treasury note climbed to about 5.1% on Wednesday. That is a level not seen since July 2007, and...