Tag: Fed Officials

(Bloomberg) -- Asian stocks welcomed a rally Thursday after Jerome Powell reiterated his view that the Federal Reserve may cut interest rates this year:A Million Simulations of the U.S. Economy:Debt Danger AheadTrump Matchmaker's Business Doesn't MatterApple Explores Home Robotics as Potential 'Next Big Thing' After Car WrecksHow Stock Markets Are Going to Evolve in Australia and U.S.

The 10-year Treasury yield hit its highest level since November as traders adjusted to the Fed's delay in cutting interest rates.