Fed Chairman Jerome Powell set off a frenzy with his comment that future interest-rate cuts were a topic of discussion at the Federal Open Market Committee.
This nearly ideal current alignment of economic factors moderate growth, easing inflation, and the prospect of more accommodative monetary policy is likely.
The Grinches in the financial-futures and Treasury market are probably going to be disappointed in the scope of rate reductions from the Federal Reserve.
Investors continued to plow into high-yield bond funds, domestic growth and small-cap funds, and funds in interest-sensitive sectors such as financials and.