Treasury yields climb after Fed’s Powell reiterated CB’s patience

Quick Summary:

TREASURY yields rose and stocks fluctuated as Federal Reserve Chair Jerome Powell reiterated the central bank is in no rush to cut rates.

Just a day ahead of a key inflation reading, Powell signaled that officials will be patient before lowering borrowing costs further as the economy remains strong.

Compared with a year earlier, core CPI is forecast to have risen 3.1 percent.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: Philippines

Topics: Inflation Market Rates Rose Financial Range Last Federal Year Powell Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 12:36:27 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26103526

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 75 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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