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Friday, April 19, 2024

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  1. phil

    • "This could be one of the most dovish speeches I have ever read from a Federal Reserve official," says Jefferies' David Zervos after reading Janet Yellen's Chicago remarks. " If anyone doubts Janet’s belief that there is excessive slack in labor markets – read the tape. And if anyone doubt’s Janet conviction that there are no material inflation risks on the horizon – read the tape."
    • Zervos is excited, but the bond market – for now – is shrugging Yellen off, remaining largely as it was prior to her talk.
    • Earlier: Yellen walks back hawkish vibe



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