
US adds 187,000 Jobs (Podcast)
Bloomberg Surveillance
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The Fed's Foot Off the Break
The 10 year yield once again reaching 4.2% the highest levels going back to November. Jeff Kagan: Is the Fed going to take their foot off the break at a time when we're still seeing wages go up? How much inflation decline do you need to see before the Fed has to start cutting rates? He says as inflation declines and the Fed stays pat, real interest rates begin to increase.
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