Fed's Powell douses September rate cut hopes, U.S. yields jump as traders dump bonds

Fed Chair Jerome Powell Holds Press Conference On Interest Rates

Chip Somodevilla/Getty Images News

Federal Reserve chair Jerome Powell doused hopes of a September rate cut on Wednesday by saying no decisions had been made about the next monetary policy meeting. He noted that the full effect of U.S. President Donald Trump's tariffs on inflation and

Recommended For You

Related Stocks

SymbolLast Price% Chg
US10Y--
United States 10-Year Bond Yield
US2Y--
United States 2-Year Bond Yield
TLT--
iShares 20+ Year Treasury Bond ETF
AGG--
iShares Core U.S. Aggregate Bond ETF
BND--
Vanguard Total Bond Market Index Fund ETF Shares