Fed's Mester says she would still like to begin taper this year

FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. REUTERS/Lucas Jackson/File Photo(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester said

Analysis-Weak August U.S. jobs report throws doubt on Fed taper

WASHINGTON (Reuters) – The weak U.S. jobs report for August complicates what had seemed a clear path for the Federal Reserve to begin trimming its bond purchases, undershooting the expectations of the central bank’s most hawkish members and signaling the

Fed's Powell: Not certain Delta outbreak will dent recovery

FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERSWASHINGTON (Reuters) – It remains unclear whether the heightened outbreak of the coronavirus Delta

U.S. bond worries remain after dovish Fed meeting

NEW YORK (Reuters) – The prospect of higher U.S. Treasury yields remains a central focus of investors, even after the Federal Reserve assured markets it would keep measures in place to support growth despite expectations of a powerful economic rebound.FILE