US stocks traded mixed post-FOMC after the Fed cut rates by 25bps and projected 2 more cuts this year, but Powell leaned ...
US stocks finished mixed with two-way action seen following the FOMC, SEPs and Fed Chair Powell's presser. An initial dovish reaction was seen after the Fed cut rates by 25bps, as expected, which was accompanied by dovish SEPs, as 50bps of further rate …