FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/File Photo
Taken together, it was enough to reassure investors that authorities won’t rush to raise rates even if inflation accelerates. Powell did not seem too fussed about the selloff that has driven the 10-year yield up by 40 basis points this year, telling lawmakers it was a statement on the market’s confidence in the pandemic recovery.
Stocks on the rise. Bitcoin rise faster. British pounds to drop faster, cause by new stimulus from UK
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