By refraining from breaking new ground or providing operational details of any evolution in policy, both of which would have inevitably tilted more hawkish at this point, Powell gave investors more reason to take stocks and bonds higher. And indeed, stocks rallied to a new record while bond prices also rose.from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/view-feds-powell-cheers-markets-but-risks-a-mistake/articleshow/85756079.cms
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