Traders, middlemen blamed for soaring commodity prices
Related Articles
-
Treasury yields are little changed as traders get more clues on next Fed moves
U.S. Treasury yields were little changed after falling sharply on Friday in reaction to weaker-than-expected payroll growth and a rise in unemployment in April.
-
Kevin O'Leary sees no Fed rate cuts this year: 'it's just reality'
Investors need to stifle any hope for interest rate cuts this year, as the Federal Reserve will not be able to reach its inflation mandate anytime soon, Kevin O'Leary said.The "Shark Tank" star told Fox Business Network that monetary policy will instead remain unchanged, and that anyone still betting on a dovish pivot is mistaken. Backing him up on Wednesday was the Fed itself, which announced at the conclusion of its latest policy meeting that it would leave the federal funds rate at its...
-
Fed Chair Powell details two potential economic paths that could lead to rate cuts
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing the central bank will leave interest rates unchanged.