The Fed will take more measures on interest rates if necessary.

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Hot details yesterday | Minneapolis Fed President Neel Kashkari: The Fed will take more measures on interest rates if necessary. FOMC does not discuss interest rate cuts. Chicago Fed President Goolsby: If long-term Treasury yields remain high, that could be equivalent to tightening policy, and the top priority in changing the interest rate stance is inflation developments ; Fed Governor Bowman: Still expect further interest rate increases to be necessary. Fed President Dallas Logan: Inflation remains too high and data appears to be pointing towards 3% instead of 2%. Fed Governor Waller: The economy is booming in the third quarter and the Fed is paying close attention to the situation. The increase in 10-year US Treasury bond yields is an "earthquake".

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Last updated: 11/08/2023 05:25

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