Weekly Market Pulse: It’s An Uncertain World
You're going to hear a lot of talk about the yield curve soon and what it means for "the" yield curve to uninvert (which isn't a real word but will get used a lot). The difference between the 10-year Treasury note yield and the 2-year Treasury note yield is about to turn positive, the 2-year note yield recently falling a [...]
Weekly Market Pulse: The Fed Declares Victory
Overall, the economy continues to grow at a solid pace. But the inflation and labor market data show an evolving situation. The upside risks to inflation have diminished. And the downside risks to employment have increased. As we highlighted in our last FOMC statement, we are attentive to the risks to both sides of our dual mandate. The time has [...]
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