Wall Street traders refrained from making big bets ahead of Jerome Powell’s testimony and Friday’s jobs data. The euro fell as the European Central Bank kept rates steady and lowered its inflation forecasts. Stocks saw small gains, while bond yields edged lower after jobless claims held at the historically low level of 217,000 — with investors now gearing up for the final payrolls report before the Federal Reserve decision. Traders will once again be glued to their screens as they await to hear further insights from the Fed chief, who signaled Wednesday no rush to ease policy. Following the ECB decision that bolstered bets on a rate cut in June, central bank chief Christine Lagarde said the economy […]

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