主题：【原创】小虾米胡吹中美股市 -- wxstone

Powell turns dove, markets roar and US dollar sinks

Fed Chairman Jerome Powell went off the script and delivered a speech that indicates he's not likely to continue with gradual rate hikes next year.

Powell hardly mentioned a gradual pace of rate hikes and when he did it was generally in the past tense. At the same time, he said rates aren't on a preset path and highlighted incoming economic data.

The US dollar fell 40 to 70 pips across the board. The S&P 500 is up 40 points compared to 12 before the speech. US 10-year yields are down 3 bps to 3.05%.