News

U.S. 2- to 7-year Treasury bond yields fell at least 10 basis points on the day.

Fed Chairman Powell: The consensus of the Board of Governors is that the Fed needs monetary policy independence.

Fed Chairman Powell: Vice Chairman of Supervision should take the lead in supervisory work.

The two-year U.S. Treasury bond yield fell further and is now at 3.822%, down 9.4 basis points on the day.

Fed Chairman Powell: The Chairman should let the Vice Chairman of Supervision perform the responsibilities assigned by Congress.

Fed Chairman Powell: As chairman, my core philosophy is to remain apolitical.

Fed Chairman Powell: The Fed needs to be completely independent when it comes to monetary policy, but not when it comes to regulation, especially since Dodd-Frank.

Fed Chairman Powell: We don’t know what the economic impact of the current situation will be.

Federal Reserve Chairman Powell: Inflation expectations appear to remain stable.

Fed Chairman Powell: We haven’t yet faced the question of what to do.

The 5-year U.S. Treasury bond yield fell 10 basis points to 3.97% on the day.

Fed Chairman Powell: Tends to ignore supply shocks, but must pay attention to inflation expectations.

Fed Chairman Powell: The Fed’s tools have no meaningful impact on supply shocks.

Federal Reserve Chairman Powell: Inflation caused by tariffs is a one-time price increase that will increase the inflation rate by 0.5 to 1 percentage point.

Federal Reserve Chairman Powell: We haven't really seen the downside risks from the huge balance sheet that many people predicted.

Fed Chairman Powell: There is no indication that the Fed’s past bond purchases were inflationary in nature.

Mexican President Sheinbaum: We will take measures after the death of a Mexican citizen in U.S. immigration detention.

Mexican President Sheinbaum: Mexico seeks an agreement to lower gasoline prices.

The Dallas Fed Manufacturing Raw Materials Price Index for March in the United States was 32.7, compared with the previous value of 31.7.

The Dallas Fed manufacturing shipping index in March was 1.8, compared with the previous value of 9.9.