Safe-haven Treasurys sold off in the meantime, with futures on the 10-year note losing more than 6% in the one year after the first cuts in 1995 and 1998. Gold performance was flat back then, whereas the greenback rose more than 5% on average.
Those comments from Powell caused the Dow to drop more than 300 points on Wednesday. But perhaps traders were reassessing the move on Thursday as stocks bounced back with the Dow up nearly 200 points.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
But we are not in a downturn.