Stocks Poised to Rally After Fed Rate Decision Meets Moderate Expectations
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S&P 500 index is "soft" going into FOMC meeting, which historically indicates a post-meeting rally
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Investors have already priced in expectations for fewer rate cuts late this year
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Declining 10-year Treasury yields signal short-term peak in rates
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Jerome Powell recently testified dovishly to Congress, likely to repeat dovish tone
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Continued skepticism toward equities and expectations for hawkish Fed set stage for relief rally