US Fed’s Policy Review Today: Here’s What to Expect
Updated: 27 Jul 2022, 02:08 PM IST
TL;DR.Ten-year Treasury yields have slumped almost 75 basis points in just a matter of weeks as investors fret about the prospect of a recession, providing a glum backdrop to the two-day Federal Reserve meeting that concludes today.
US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. (Photo by Olivier DOULIERY / AFP)