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Economy
Economy Watch
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
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May Jobs Report Shows 122,000 Gains as Fed Grapples With Inflation
Workers' wages are lagging price growth, with average hourly earnings up 3.6% annually while prices jumped 3.8%, compressing household purchasing power.
2 min read
Higher for Longer Means Repricing Cheap Money
Markets must price a restrictive but not recessionary regime, where credit tightens, refinancing costs rise, and cheap money no longer anchors multiples.
6 min read
Higher-for-Longer Ends Cheap Money
Money now carries a real cost because inflation stays above target and growth is still resilient enough to keep policy restrictive.
5 min read
5 min read