Reported about 19 hours ago
Bond investors are adjusting their expectations as Jerome Powell emphasizes the Federal Reserve's cautious stance on interest rate cuts. Following his recent remarks, traders have scaled back predictions for rate cuts in 2025, with anticipated changes dependent on upcoming economic data and trade discussions. Analysts suggest that while inflation concerns are rising, the Fed's focus will remain on stabilizing growth, indicating a potentially more prolonged wait for any rate adjustments.
Source: YAHOO