US Stock Market Key Points: The S&P 500, Dow, and Nasdaq 100 rally to two-week highs amid a weaker USD New York Federal Reserve Inflation expectations at lowest levels in months All eyes are on tomorrow’s US CPI and next week’s FOMC monetary policy decision Trade Smarter – Sign up for the DailyFX Newsletter Receive …
S&P 500, Nasdaq and Dow Rally as Risk-On Mood Rules Amid Soft USD Read More »
US STOCKS OUTLOOK POST FOMC: The FOMC raises its benchmark rate by 50 basis points to 0.75-1.00%, in line with market expectations. The bank also announces a plan to begin trimming its massive balance sheet Powell states that there is a path for the economy to soft-land and rules out increasing borrowing costs in 75 …
S&P 500, Nasdaq 100 Rocket Higher After Fed Rules Out 75 bps Hikes. Now What? Read More »
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