S&P 500 Futures defend post Fed gains, Treasury bond yields stabilize as ECB, BoE decisions loom – by anilpanchal7 SP500 YieldCurve Fed ECB BOE
as he said “We can declare that a deflationary process has begun.” The policymaker also accepts the need for rate cuts during late 2023 if inflation comes down much faster. Even so, Fed’s Powell suggested that a couple more rate hikes are needed to reach it.
It should be noted that the upbeat earnings from Meta also underpinned the market’s optimism and fuelled the Wall Street benchmarks toward refreshing monthly tops. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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