Stocks, Bonds Rise as Fed-Hike Bets Ease on Waller

Stocks rose and bond yields fell as Federal Reserve Governor Christopher Waller said he’d be willing to support holding rates steady if price pressures continue to show signs of easing. Keith Lerner, CIO at Truist, discusses current market moves, Fed expectations, and outlook for where the S&P 500 may end the year. (Source: Bloomberg)

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