Here’s What We Learned From Fed Rate Decision, Powell Briefing
Here are the key takeaways from the Federal Open Market Committee’s interest-rate decision and Federal Reserve Chair Jerome Powell’s news conference Wednesday:
Here are the key takeaways from the Federal Open Market Committee’s interest-rate decision and Federal Reserve Chair Jerome Powell’s news conference Wednesday:
Treasury yields fell, with the US two-year benchmark tumbling sharply below 5%, after Federal Reserve Chair Jerome Powell said the current stance of policy is “sufficiently restrictive” and downplayed a future rate hike amid sticky inflation pressure.
The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most controversial energy projects.
The US initial public offerings market capped its biggest month since September, with a widening scope of deals inspiring measured optimism that the recovery has momentum.
The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer rather than raising them again.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}