Government Bonds – Page 26

At Jackson Hole, Powell Faces a Changed Economy and Market

Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.

By Jeanna Smialek and Joe Rennison

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China Central Bank Cuts Key Interest Rate on Bank Lending

The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.

By Keith Bradsher

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Interest Rate Jitters Sink the Giants of Tech

Apple, Nvidia, Tesla and Microsoft are among the giants that have tumbled by at least 10 percent in the past month after powering a market rally earlier this year.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

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U.S. Mortgage Rate Jumps to Highest Level Since 2002

The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.

By Gregory Schmidt

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