Economic TimesLean R·
The bond market swings, but US stocks remain steady after the Fed says it won't raise interest rates
U.S. stock markets rallied following the Federal Reserve's decision to keep interest rates steady. As inflation remains a concern, investors are recalibrating their outlook on potential future rate increases. The bond market showed fluctuations, particularly in the two-year Treasury yield post-announcement. Notably, several companies, such as GE HealthCare Technologies and Wendy's, reported better-than-expected earnings, leading to significant stock price surges.
Read at Economic Times →
