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Talk of interest rates rising sooner than expected hit the markets as expected: Fast...and furious. The Dow's one-week loss of 3.5% was its worst since October.
The central bank's strategy on interest rates seemed to indicate a shift wasn't likely to come until 2023. Then, St. Louis Fed President Jim Bullard spoke up.
Starting to see a theme here? You can expect more of the same next week as several Fed officials speak publicly and critical new inflation data is released.
The Treasury curve between short and long term yields is flattening. Read here how that relates to rate increases and the outlook for economic growth.
A senate group wants a bipartisan plan to fix the nation's infrastructure. Joe Biden wants a plan too. Just not one using a gas tax increase to pay for it.
Millions of Americans were dealt devastating blows during the pandemic. Now as the recovery revs up, many fear another hit is coming: eviction.
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