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Weak Jobs Report Leaves the Fed With a Tough Call
Stocks rallied after a softer-than-expected jobs report, but the labor market slowdown raises new questions for the Fed as inflation remains elevated and long-term interest rates refuse to come down.
Mike Armstrong and Marc Fandetti break down the latest jobs report, why unemployment ticked higher, and how the Fed may weigh slower job growth against persistent inflation. They also discuss why Treasury yields are still climbing, Michael Santoli’s view on AI spending and the market, whether retirees should rethink bonds after years of weak returns, Paul LaMonica’s breakdown of Micron and the…
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