S&P 500 Futures retreat as Treasury bond yields pause two-day downtrend, Fed Chair Powell eyed – by anilpanchal7 SP500 Futures YieldCurve Fed Inflation
probed the optimists are the easing optimism surrounding China, as well as the cautious mood ahead of a speech from Fed Chairman Jerome Powell.
It’s worth noting that the Atlanta Federal Reserve bank president Raphael Bostic said on Monday that it is ''fair to say that the Fed is willing to overshoot.'' On the same line, San Francisco Federal Reserve Bank President Mary Daly stated that they are determined, united, resolute to bring inflation down.
Previously, China’s reopening of the international borders after a three-year halt joined Beijing’s readiness for stimulus and early signals of a shopping spree ahead of the Chinese New Year holiday season to underpin the firmer sentiment.
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