NEW YORK, Dec 15 (Reuters) – Wall Street stocks wobbled to a mixed close and the dollar bounced back on Friday as market participants caught their breath at the end of a week loaded with central bank policy decisions and crucial economic data.
Treasury yields edged down past multi-month lows.
Euphoria over the U.S. Federal Reserve’s dovish pivot was dampened a bit after New York Federal Reserve President John Williams pushed back against rate cut expectations, reiterating that the central bank remains focused on bringing inflation down to its 2% target.