Overview: A poor reception to the 30-year Treasury sale and Federal Reserve Powell pledged to raise rates again, if necessary, not exactly a new ground, but it spooked the doves driving rates sharply higher and fueling a strong dollar recovery.
Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington.
Powell: Fed to keep rates higher for longer to cut inflation abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.