We did some 'language cleanup' in the opening statement, removal of reference on 'progress towards inflation goal' was not meant to send a signal - Fed Powell

The comment is sending the USD back down.

Stock indices are chipping away at the declines.

  • Dow -0.21%
  • S&P -0.44%
  • Nasdaq -0.58%

US yields are still higher but off the highs for the day.