Powell – Likely Appropriate To Slow Increases At Some Point – DOVISH!!!

2:51 p.m. ET Here we go, Powell is surprising to the dovish side. The U.S. Dollar Index is now down -0.6%. The 2-year yield which was up +2 bp is now down almost 6 basis points and stocks have jumped. The S&P just overtook $4k where it found resistance last week. Dollar Index (1m) falling…