Federal Reserve Holds Interest Rates Steady, Reduces Redemption Cap in May Decision
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#4f691011 ver:0.62

The Federal Reserve holds interest rates steady and reduces the redemption cap for treasury securities in its May decision. The Fed remains cautious on the economic outlook, citing elevated inflation and a tight labor market. Credit traders take comfort in the Fed's assurance of no further rate hikes, leading to lower fear of corporate defaults. The reduction in risk premiums is driven by strong demand for corporate bonds. The Fed's policy continues to have a restrictive effect on demand, and a rate cut will depend on inflation returning to target. The US Treasury's Quarterly Refinancing Announcement states that issuance will be concentrated in the 2Y-5Y segment and T-Bills. #FederalReserve #interestrates #economy...

#newstr #FederalReserve #InterestRates #RedemptionCap #Inflation #UsEconomy 

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