Markets today: U.S. stocks and bonds climb as Powell downplays hikes

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Stocks joined gains in bonds after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike.

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Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets Wrap(Bloomberg) -- Equities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this...
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