U.S. Treasury yields were slightly higher on Wednesday as investors considered the path ahead for interest rates as they closely watched remarks from Federal Reserve policymakers.On Tuesday, Minneapolis Fed President Neel Kashkari said he expected the Fed to hold rates steady for some time until the disinflation picture becomes clearer.
Kashkari on Tuesday also addressed concerns about rates potentially being hiked again, without excluding the possibility. Last week, Fed Chair Jerome Powell said the Fed was unlikely to hike rates at its next meeting. More comments from Fed officials are expected throughout the week, which investors will be scanning for hints about the monetary policy outlook. As the week continues, investors will also be watching economic data points including weekly initial jobless claims on Thursday and consumer sentiment insights on Friday.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »