Interest rates

Trump to Powell: It’s a ‘mistake’ to not lower interest rates

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates. During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House said Thursday. The meeting was at Trump’s […]

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Waller: Fed not looking to buy bonds amid sell-off

Waller: Fed not looking to buy bonds amid sell-off

Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said the central bank is not looking to intervene in the Treasury market despite a recent dampening in demand for U.S. debt. Long-term bond yields are surging for the second time in as many months, with rates on the 10-year notes climbing two basis

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