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US two-year bond at high since 2007

Two-year U.S. Treasury yields hit a 15-year high today as investors reassessed their stance on a more extended period of aggressive Fed rate hikes that the Fed chief signaled on Friday. The Fed will continue to raise...

Citi: Bear market almost inevitable for Japanese stocks after Powell speech

A bear market in Japanese stocks is "almost inevitable" as a recent speech by US Federal Reserve Chairman Jeron Powell pulled the rug out from under the relief rally that markets have been on since mid-July,...

Powell’s 8-minute speech wiped $78 billion from wealthiest Americans

In just eight minutes, the chairman of the Federal Reserve Bank of the USA (Fed) Jerome Powell triggered a market crash that reduced the fortunes of America's richest people by $78 billion, according to Bloomberg. Elon Musk...

Powell also ‘throws’ cryptocurrencies

Cryptocurrencies are following the decline in international markets and are taking losses after US Federal Reserve (Fed) Chairman Jerome Powell warned against premature easing of monetary policy, with Bitcoin hovering just above $20,000. "Powell's admission that there...

Powell: The Fed will aggressively use its tools to rein in inflation

LAST UPDATE: 17.39 Federal Reserve Chairman Jerome Powell spoke of a tough commitment Friday to contain inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause "financial stress"...

What Powell will say about inflation – recession at the conference of central bankers

US Federal Reserve Chairman Jerome Powell will stress in his speech at a crucial central bankers' meeting next week that the Fed is determined to tame high US inflation even if that means a recession, economists...