Stocks, Bonds Find Relief Ahead of Fed, EU Floats Canada Becoming 'Associate Member'

US equity futures and Treasury prices rose as traders awaited the Federal Reserve's interest-rate decision, which could include the first rate increase since 2023. European Commission President Ursula von der Leyen proposed that Canada become the European Union's first associate member. Citi's chief US economist Andrew Hollenhorst said he expects the Federal Reserve to raise rates while signaling a more accommodative stance going forward.

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