Markets today: bonds get some relief from Powell's deja-vu tone

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The bond market rebounded from session lows, with Jerome Powell only reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts.

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Jerome Powell Says the Fed Still Expects to Cut Rates This YearFederal Reserve Chair Jerome Powell reiterated Wednesday that the central bank expects the need to cut interest rates this year, despite the recent stronger-...
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Markets today: U.S. stocks rise as Powell sticks to wait-and-see toneStocks rebounded after a two-day drop, with Jerome Powell reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »