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US stocks mixed as Fed hikes for first time since 2023; long-end yields hit multi-year highs
Anadolu Agency EN·US·2 days ago
September US job figures came in weaker than expected, reinforcing the case for the Federal Reserve to hold off on further rate hikes. SEB economist Elisabet Kopelman interprets the data as a calming signal for the Fed. This reduces near-term tightening risk, supporting risk assets and pressuring the dollar.
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