The Fed May Hike, But This Is Not 2022The Fed May Hike, But This Is Not 2022The Fed May Hike, But This Is Not 2022 

Last week’s upside surprise in payrolls underscored the resilience of the labor market despite growing concerns that AI-driven productivity gains could weaken hiring. The strength in the most recent labor readings also significantly increased the likelihood of a September rate hike. Inflation has made meaningful progress, but it remains above target, and a still-solid labor […]
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