Investors confused: data weak, policy hawkish, hopes pinned on bonds
Investors confused: data weak, policy hawkish, hopes pinned on bonds
Cautious Fed signals cool investor momentumThe
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Cautious Fed signals cool investor momentumThe US stock market ended Wednesday's session with minor moves, with the S&P 500 barely budging. Investors digested comments from Federal Reserve Chair Jerome Powell, who warned that inflation could reaccelerate into the summer, citing lingering effects of US President Donald Trump's tariff regime. Powell noted those tariffs are beginning to directly impact consumer wallets. Fed holds policy steady, but hawks gain groundAs widely expected, the Fed kept its benchmark interest rate unchanged. Projections for the
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