Page 22 - Fed Board News Today : Breaking News, Live Updates & Top Stories | Vimarsana

European government bond yields increased slightly on Wednesday after U.S. Federal Reserve Chair Jerome Powell said the central bank still has a long way to go in meeting its inflation target. This had already been priced in by markets. Short-dated yields reached fresh highs and bets on policy rates rose, ahead of the testimony of the US Fed Chair and nominees for three Fed Board seats. The Bank of England may tighten policy further as UK consumer price inflation was higher than expected in May. Euro area short-dated yields are edging towards levels last seen before a banking crisis disrupted ...

But a few big buyers in credit markets are calling Fed's bluff

WASHINGTON, June 20 (Reuters) - Two Federal Reserve policymakers and an economist nominated to join them on the Fed's Washington-based board on Tuesday said their focus is on bringing down too-high inflation so that the U.S. ...

Two Federal Reserve policymakers and an economist nominated to join them on the Fed's Washington-based board on Tuesday said their focus is on bringing down too-high inflation so that the U.S. economy can get back to sustainable growth. Inflation has "started to abate" but the Fed will remain focused on returning it to the 2% target, Fed governor and vice chair nominee Philip Jefferson said in testimony prepared for his confirmation hearing on Wednesday before the Senate Banking Committee.

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Two Federal Reserve policymakers and an economist nominated to join them on the Fed's Washin...