Reuters9d
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
WASHINGTON, Feb 6 (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
NBC Washington9d
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The benchmark the administration is using will be the 10-year Treasury ... demand lower interest rates. However, a few days ago, the president said he agreed with the Fed's Jan. 29 decision ...