From Morningstar:

Last week, the Federal Reserve held interest rates steady as expected, with Chairman Powell hinting at three potential rate cuts this year. In contrast, the Bank of Japan ended its negative interest rate policy due to economic strength. Japanese equities surged 47%, but the falling yen impacted US investors (source CME Fedwatch).

US equity prices rose, with the Morningstar US Market Index up 2.31% last week and 9.65% year-to-date. Nvidia saw a 7.35% increase post-developer conference. Amid rising asset prices, value investors seek attractively priced alternatives.

This week, investors eye PCE inflation data for signs of rising inflation. Five Fed officials, including Chairman Powell, are set to give speeches. Investor sentiment may shift based on inflation data and Federal Reserve commentary.



Read more at Morningstar: Morningstar Market Insights: Central Banks,…