IEF iShares 7-10 Year Treasury Bond ETF
IEF Fed’s Miran Says His View On Inflation Will Change Only If A Shock Pushes Rents ‘Materially Higher’: Report
At the September FOMC meeting, when the central bank reduced the key rate by 25 basis points, Federal Reserve Governor Stephen Miran expressed dissent and voted for a larger 50-bps cut.
Fed’s Goolsbee Says He's ‘Wary Of Front-Loading Too Many Rate Cuts’ Amid Deterioration Of Inflation, Employment Mandates: Report
In an interview with CNBC, Goolsbee stated that he believes the U.S. economy can afford a “fair amount” of interest rate reduction from the current level, gradually over time.
Scott Bessent Reportedly Says Government Shutdown Could Hit US GDP: 'This Isn’t The Way To Have A Discussion'
Bessent also criticized Democratic leaders for forcing the government shutdown, calling Senator Chuck Schumer and Representative Hakeem Jeffries “weak” and “discombobulated.”
Private Payrolls Decline 32,000 In September, Defy Wall Street Expectations
This represents the largest decline in private jobs in two and a half years, according to data from ADP, and is lower than the 53,000 decline in March 2023, amid signs of further weakening in labor market conditions.
Boston Fed's Collins Backs 'Modestly Restrictive' Policy Stance, Supports Rate Cut Later This Year If Data Backs It Up
The Boston Fed president stated that, with less scope for inflationary pressures from the labor market, the upside inflation risks are now more limited compared to a few months ago.
Ed Yardeni Draws Parallels To Jerome Powell’s Equity Remarks With Alan Greenspan’s ‘Irrelational Exuberance’ Comments: Report
According to a report by CNBC, while Yardeni agreed with Powell’s comments about the stock market, the Fed Chair’s remarks about financial stability triggered his contrary instincts.