- The Federal Reserve raised rates and pledged to tame inflation, which calmed a pressured market and drove global bond yields lower on Thursday.
- Attention shifts to Friday's Bank of Japan decision as the next macro catalyst for global markets.
- President Trump floated hitting European Union imports with fresh tariffs, or even cutting off some trade, if a push to make Canada a potential EU associate is judged harmful to the US.
Quotes
“Global bond yields retreated Thursday as the Federal Reserve’s rate hike and vow to tame inflation calmed a pressured market”
“President Donald Trump floated hitting goods imported from the European Union with fresh tariffs or even cutting off some trade if he determined that a push to make Canada a potential associate of the bloc was harmful to the US.”