US stocks and Treasuries remained weaker as investors weighed testimony from Federal Reserve chair Jay Powell and potential ...
As per Bespoke's data, Powell's tenure has seen particularly painful last hours on Fed rate decision days, with an average fall of 20.19 basis points in the benchmark S&P 500 index .
In remarks to the Senate Banking Committee, Federal Reserve chair Jay Powell reiterated that the Fed “do[es] not need to be in a hurry to adjust our policy stance” Powell later took questions ...
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