U.S. government debt prices were higher Wednesday morning as investors looked ahead to the Federal Reserve's latest monetary policy decision and outlook for the economy.
The central bank will announce its decision at 2 p.m. ET before a press conference from Chairman Jerome Powell at 2:30 p.m. Although the Fed is not expected to cut interest rates below its current 0%-0.25% bound, some speculation has arisen that it could take steps to control the yield curve following a recent spike in yields.
Concerns have resurfaced around the reopening of economies as parts of California and the Southwest experience a fresh spike in coronavirus cases and hospitalizations. The virus is now confirmed to have infected more than 1.9 million Americans and more than 7.2 million people worldwide. Data published Tuesday revealed that U.S. layoffs declined in April, but remained at the second-highest monthly total on record. Hiring fell to an all-time low, indicating that the impact of the coronavirus crisis on the labor market could drag on.
May's inflation data is set for publication at 8:30 a.m. ET on Wednesday and the monthly U.S. monthly budget statement is expected alongside the Fed's announcement at 2 p.m. Auctions will be held Wednesday for $35 billion of 105-day Treasury bills and $40 billion of 154-day bills.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Treasury yields fade as Fed meeting comes into focusU.S. government debt prices were higher Tuesday morning ahead of the Federal Reserve's monetary policy meeting, after the U.S. economy was confirmed to have entered recession.
続きを読む »
Wall Street expects trillions more in stimulus from the Fed, Congress: CNBC Fed SurveyThe Fed's two-day meeting begins Tuesday and a new survey shows that market participants expect trillions more in stimulus from both the central bank and Congress. CNBC's Steve Liesman reports.
続きを読む »
Fed Expands Main Street Lending Program (Again) On Concerns That Too-Strict Terms Will Deter BorrowersThe program is designed to be a lifeline for businesses too big for new emergency programs like the PPP but too small to access capital markets.
続きを読む »
Consumers grew more optimistic about jobs and finances in May, New York Fed says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
続きを読む »
Stanley Druckenmiller says he's been 'humbled' by market comeback, underestimated the FedStanley Druckenmiller said he's been “humbled” by the market’s strong performance over the last three weeks, and that he underestimated the power of the Fed.
続きを読む »
Fed economist pushes for unprecedented rate cut in the United StatesThe Federal Reserve will probably keep interest rates at zero when it meets this week. But its own ranks are increasingly clamoring for an unprecedented move: sending rates into negative territory.
続きを読む »