The shortest-dated municipal bonds sold off after a blowout jobs report caused investors to recalibrate the odds of another big interest-rate cut from the Federal Reserve. On Friday, yields on ...
Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of interest rates over the next 12 to 18 months. "I don’t think that calculus changes ...
The central bank will continue balancing inflation and unemployment in 2026, but a new face at the Fed could alter its calculus.
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