Powell at Jackson Hole signals rate cuts. Unemployment begins to move sharply the wrong way

US 10-Year Treasury Yield Falls US Treasury yields fell by up to 5 basis points to 3.807% as investors anticipated larger Fed rate cuts this year. Fed Chair Jerome Powell signaled readiness to cut inte… More here: https://t.co/AdIot28g1y pic.twitter.com/rGam65VO7z — TRADING ECONOMICS (@tEconomics) August 23, 2024 Powell: "the time has come" for the central bank …

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