NEW YORK (dpa-AFX) – US government bond prices rose slightly on Wednesday ahead of the US Federal Reserve’s interest rate decision. The futures contract for ten-year papers (T-Note Future) rose by 0.10 percent to 112.20 points. The yield on ten-year bonds fell to 4.16 percent.
Most experts expect another one in the evening Interest rate cut the US Federal Reserve by 0.25 percentage points. However, monetary policy decisions must be made under difficult conditions. Due to a partial closure of federal authorities (shutdown), numerous US economic data could not be published. There is therefore uncertainty about the state of the world’s largest economy.
This applies in particular to the development of consumer prices and the situation on the labor market. Both play an important role for the monetary policy in the USA. It is therefore eagerly awaited what the central bank’s projections for interest rates, growth and inflation will be./jsl/nas