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Bloomberg Markets
The Trump administration’s surprise move to ramp up buybacks of long-dated Treasuries is drawing parallels with the Federal Reserve’s “Operation Twist,” a strategy that was last deployed in 2011 to pull down bond yields.
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MarketWatch
As new college grads face elevated rates of unemployment, concern about AI’s impact on jobs is spiking among young Americans.
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Financial Times
Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs
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Bloomberg Markets
Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record of the central bank’s most recent policy debate showed. The next Fed decision comes in September. Bloomberg's Michael McKee reports. (Source: Bloomberg)
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