Fed's Waller: Treasury Yields Are Doing Some Tightening, But AI Could Keep Inflation Elevated - ActionForex
7 Articles
7 Articles
The director of the Federal Reserve (Fed) Christopher Waller said on Tuesday that the strong high income movement of the long-term Treasurys, which follow above 5%, has helped to contain demand in sectors that are more sensitive to interest. When the rates go up, it affects interest-sensitive sectors such as housing, automobiles and others? Yes, of course it does. Although this is not the Fed's goal, the higher interest rates in the Treasurys ma…
Fed’s Waller Says Higher US Yields Could Help Cool Demand
Federal Reserve Governor Christopher Waller said the surge in long-term US Treasury yields is helping to curb demand in interest-rate-sensitive sectors such as housing and automobiles, doing some of the work of tighter monetary policy.
Christopher Waller, a member of the board of the Federal Reserve, the US central bank, stated that the rise in long-term government bond interest rates is partly doing the central bank's job of curbing inflation.
Fed's Waller: Treasury Yields Are Doing Some Tightening, But AI Could Keep Inflation Elevated - ActionForex
Federal Reserve Governor Christopher Waller acknowledged that elevated long-term Treasury yields are helping restrain economic demand, effectively performing part of the Fed’s monetary tightening. Speaking at Bloomberg’s New Economy Forum in New Delhi on Tuesday, Waller highlighted the impact of higher borrowing costs on interest-rate-sensitive sectors. “When yields go up, is that going to impact […]
The recent sharp rise in long-term U.S. Treasury yields is helping to dampen demand in interest-rate-sensitive sectors, such as housing and autos, Federal Reserve Governor Christopher Waller said, Bloomberg News reports.
The rise in US bond yields is due to stronger economic growth and large investments in the TN.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
