Former U.S. Treasury Secretary warns: The Federal Reserve is about to “raise interest rates”; U.S. bond yields rebound, and bargain hunters suffer huge losses | DongZuDongTren – the most influential blockchain news media

Former U.S. Treasury Secretary warns: The Federal Reserve is about to “raise interest rates”; U.S. bond yields rebound, and bargain hunters suffer huge losses | DongZuDongTren – the most influential blockchain news media

2024-02-17 06:26:03 After the US CPI increased higher than expected in January, the January PPI data released on Friday also unexpectedly exceeded market expectations, highlighting that inflationary pressure still exists, and a Federal Reserve official will not be suitable to initiate interest rate cuts until the third quarter of this year. However, former U.S. Treasury … Read more
You can read the full story here: Former U.S. Treasury Secretary warns: The Federal Reserve is about to “raise interest rates”; U.S. bond yields rebound, and bargain hunters suffer huge losses | DongZuDongTren – the most influential blockchain news media.

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