EconomyStocks and Bonds Find Relief Ahead of Fed Decision; EU Floats Canada as ‘Associate Member’

U.S. equity futures and Treasuries are finding relief as traders await the Federal Reserve’s latest interest-rate decision, which could bring its first hike since 2023. European Commission President Ursula von der Leyen is asking Canada to become the EU’s first associate member. Citi chief U.S. economist Andrew Hollenhorst expects a “dovish hike.”