Inflation Woes and Resilient Labor Market Signal Prolonged Mid-Level Rates
US President-elect Donald Trump’s tariff-centric policies are inherently inflationary, raising concerns that the current environment of mid-level interest rates could persist for an extended period. Despite efforts by the Federal Reserve to curb inflation, the stubbornly high price levels suggest that the path to lower rates may be slower than previously anticipated. Treasuries Hold Steady […]
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