Stock Market News Today: Yields Jump As Fed Official Sees Slow Cuts
"When the time is right to begin lowering rates, I believe it can and should be lowered methodically and carefully," Fed's Christopher Waller said.
Source: businessinsider.com
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"When the time is right to begin lowering rates, I believe it can and should be lowered methodically and carefully," Fed's Christopher Waller said.
Markets will likely focus on Trump's foreign policy and trade priorities, which include a 10% tariff, Deutsche Bank said.
"Maybe we have a new version of Lord Acton's law: easy money corrupts, and really easy money corrupts absolutely."
Investors are also looking ahead to the release of consumer price data on Thursday.
US Treasury yields remained over 4% on Tuesday, while oil prices rose roughly 2%.