A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Short-term Treasury yields fell slightly after Federal Reserve Chair Jerome Powell downplayed a language change in the Fed's policy statement. Asked about a change to the policy statement that removed ...
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