
Fed Officials Address Economic Uncertainty, Oil Shock, and National Debt Concerns
U.S. Treasury yields edged lower as Fed officials, including Chair Powell, address significant economic uncertainty stemming from Middle East developments and oil shocks. Powell also warned that while the $39 trillion national debt is 'not unsustainable,' its current trajectory 'will not end well,' emphasizing that the Fed can look past the oil shock but patience has limits.
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Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits - WSJ
Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits WSJ
Read full article →Treasury yields fall as traders rethink Fed rate hikes after Powell comments
U.S. Treasury yields edged lower on Tuesday morning, as investors continued to monitor developments in the Middle East.
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