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Fed Chair Powell reiterates patience on interest rates

Summary: In response to speculation, Fed Chair Powell reiterated the importance of patience on interest rates, stating that the wise approach is to wait and gather more information. US Treasury yields slightly narrowed their gains after Fed Chair Powell reiterated his stance on maintaining patience with interest rates.

In response to speculation, Fed Chair Powell reiterated the importance of patience on interest rates, stating that the wise approach is to wait and gather more information. US Treasury yields slightly narrowed their gains after Fed Chair Powell reiterated his stance on maintaining patience with interest rates.

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