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Market Impact: 0.55
The Fed May Hike, But This Is Not 2022
Source: etftrends.com
Economic DataInterest Rates & YieldsMonetary PolicyArtificial Intelligence
An upside surprise in payrolls highlighted continued labor-market resilience, despite concerns that AI-driven productivity could weaken future hiring. The stronger labor data significantly increased the likelihood of a September interest-rate hike, reinforcing a more hawkish monetary-policy outlook.
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