How have Treasury yields, US stocks performed ahead of FOMC decision?
The latest US consumer price index data bolstered concerns that the Fed’s latest efforts to bring inflation back to its 2 per cent target might take longer than expected. Rising energy costs pushed the rise in the headline CPI figure to 3.7 per cent in August, above economists’ expectations. A measure of the dollar’s strength … Continue reading How have Treasury yields, US stocks performed ahead of FOMC decision?
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