This is a news story, published by CNBC, that relates primarily to Jerome Powell news.
For more Jerome Powell news, you can click here:
more Jerome Powell newsFor more interest rates news, you can click here:
more interest rates newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
rate cut. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest rate cuts news, point rate news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
point rate cutCNBC
•
78% Informative
The yield on the 10-year Treasury climbed more than 2 basis points to 3.837% , while the 2-year yield added more than 1 basis point.
The Fed Chair Jerome Powell said that "the time has come for policy to adjust," bolstering expectations for a rate cut.
Powell declined to provide exact indications on the timing or extent of the cut.
VR Score
91
Informative language
98
Neutral language
47
Article tone
formal
Language
English
Language complexity
34
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links