In a speech to the Economic Club of New York, Federal Reserve Chair Jerome Powell firmly stated “inflation is still too high” and that regulators are “proceeding carefully.”
Yahoo Finance Fed Reporter Jennifer Schonberger examines Powell’s tone regarding the possibility of a November interest rate hike and how the Fed is considering the run-up in Treasury yields.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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