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Two Federal Reserve officials say spike in bond yields may allow central bank to leave rates alone

Por: Portland Press Herald World October 10, 2023

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WASHINGTON — Two Federal Reserve officials suggested Monday that the central bank may leave interest rates unchanged at its next meeting in three weeks because a surge in long-term interest rates has made borrowing more expensive and could help cool inflation without further action by the Fed. Philip Jefferson, vice chair of the Fed’s board, said Monday that he would “remain cognizant” of the higher bond rates and “keep that in mind as... + full article



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