Published by techdev on April 23, 2025 During the week, U.S. Treasury yields declined, as investors digested the latest developments in the so-called "trade war," along with
digested the latest developments in the so-called "trade war," along with recent retail sector data and Federal Reserve statements.
statements from the Federal Reserve.
Comments from Fed Chairman Jerome Powell contributed to the negative sentiment on the week. In a
presentation to the Economic Club of Chicago, Powell noted that tariff hikes have been "significantly higher than anticipated" and that
than anticipated" and that "the same will likely be true of their economic effects, which will include
with their economic effects, which will include higher inflation and lower growth..."