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Stocks, bonds gain as Powell signals rate cuts are ahead
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investmentnews.comStocks rose and Treasury yields pulled away from four-month highs after Federal Reserve chief Jerome Powell reaffirmed the central bank is on track to cut interest rate cuts this year.
Europe’s Stoxx 600 index rose 0.2%, while futures for the Nasdaq 100 climbed almost 0.5%, lifted by Powell’s
Read more on investmentnews.comAbout this in other media
Jerome Powell: Rate cuts likely as US inflation is on track to meet target investmentweek.co.uk /8 months ago
Powell says Fed needs more inflation evidence before cutting interest rates foxbusiness.com /8 months ago
Powell: Fed still sees rate cuts this year; election timing won't affect decision abcnews.go.com /8 months ago
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