Fed’s monetary policy meeting looms for Wall Street investors ...Qatar

Investors will be zeroing in on the Federal Reserve’s monetary policy meeting next week as a “Goldilocks” market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation. Stocks have climbed steadily in recent weeks and now stand at fresh records, extending a rally that has seen the S&P 500 gain 13% this year and nearly 90% from its March 2020 low. US government bonds have also rallied after their first-quarter selloff, with the benchmark 10-year Treasury yield, which moves inversely to prices, recently at 1.46%, some 30 basis points below its first quarter highs. Some of those gains have been predicated on the Fed’s assurances that risi

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Last updated : 12 June 2021 clock 09:31 PM

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Fed’s monetary policy meeting looms for Wall Street investors ...Qatar

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