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Navigating the Road to 2% Inflation: A Prolonged Journey Ahead for the US Federal Reserve

In a candid assessment, Jerome Powell, the Chair of the United States Federal Reserve, revealed that achieving confidence in slowing inflation towards the 2% target will take "longer than expected". During a round table discussion in Washington with his Canadian counterpart, Powell acknowledged......

U.S. Treasury Bond Yields Rise After Strong Jobs Report

U.S. Treasury bond yields rose on Friday after March employment data exceeded expectations. The yield on 10-year Treasury bonds increased by 7 basis points to 4.378%, while that of 2-year bonds rose to 4.715%. The U.S. economy added 303,000 nonfarm jobs last March, well above expectations, according......