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Key Events This Pre-Holiday Week: BOJ, PCE, Durables And A Some Other B-List Things

NZD hits resistance, then slips

More pushback from Fed officials on market pricing for significantly easier monetary policy next year, but market shows little reaction in Fed Funds market; US Treasury yields push higher, led by long end; oil prices continue to recover

US Fed Chair Jerome Powell calls rate cut speculation 'premature'

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday.On Friday, Powell said the Fed's rate-setting Federal Open Market Committee (FOMC) would continue its inflation battle despite the apparent success of its "restrictive" stance of monetary policy.   

US Fed Chair Jerome Powell Calls Rate Cut Speculation 'Premature'

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank s recent progress on inflation, Fed Chair Jerome Powell said Friday.

US Fed Chair Jerome Powell calls rate cut speculation 'premature'

US Fed Chair Jerome Powell calls rate cut speculation 'premature'
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