📢 Markets Rally as Powell Maintains Firm Stance on Rates

🔹 Fed Chair Powell downplayed economic risks, signaling a steady policy approach.

📈 Market Reaction:

• S&P 500 & Nasdaq surged over 1%, marking the best Fed decision day performance since July 2023.

• 2-year U.S. Treasury yield plunged 10bps, 10-year yield dropped 4bps.

💡 In short—everything rallied, except the U.S. dollar.

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