Dovish Fed lifts Wall Street, but can’t keep yields down
Send us Fan Mail Fed maintains dovish rate path despite upping growth and inflation forecasts. Dow Jones and S&P 500 hit new records; Nasdaq rises too before futures slip. Dollar falls but then rebounds as 10-year Treasury yields resume climb. BoE decision up next, pound steady; yen see-saws on BoJ rumours Risk Warning: 78.04% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money....
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