News list for "Federal Reserve Chairperson Powell said that the Federal Reserve cannot control long-term interest rates"

Federal Reserve Chairperson Powell: The Federal Reserve cannot control long-term interest rates

Federal Reserve Chairperson Jerome Powell said that the Federal Reserve cannot control long-term interest rates, which are determined by supply and demand in the bond market; the risk perspective of budget deficits and inflation expectations is one of the main factors contributing to the rise in long-term interest rates.

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2025-02-11 16:00:14
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