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Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
The Federal Reserve is in a bind. President Donald Trump has been pressuring the central bank to lower interest rates, even ...
President Trump maintained that tariffs will soon hit phones, computers, and major consumer tech products, as investor focus ...
U.S. Treasury Secretary Scott Bessent on Monday said the White House expects to start interviewing candidates this fall to ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
The Trump administration's tariff policies are a major shock to the U.S. economy that could lead the Federal Reserve to cut ...
Lastly, the rise in longer-term yields could have something to do with the country's debt situation. According to the U.S. Treasury Department's monthly statement of public debt, the government has ...
A rising percentage of Americans are concerned about the labor market outlook as unemployment expectations reached their highest level since the pandemic in March.
How can China fight back? China’s nuclear option revolves around US debt. China is the second largest holder of US debt – ...
Former Treasury Secretary Janet Yellen said that the recent selloff in Treasuries signaled a worrying drop in confidence in ...
Spot gold fell 0.3% to $3,225.79/oz, while gold futures expiring in June fell 0.1% to $3,240.87/oz by 01:12 ET (05:12 GMT).
Treasuries may have hit the bottom for now amid signs of robust foreign demand and expectations for the Federal Reserve to ...