Fed's Musalem: US economic growth is strong, labor market in a good place.
Fed's Musalem: US economic growth is strong, labor market in a good place.
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Morning Bid Americas: AI capex boom, higher yields and Australia rate hike
Reuters columnist Mike Dolan says AI spending, rising bond yields and oil prices are rattling markets, while Australia's central bank lifted rates to a 15-year high. The column also notes Anthropic's planned IPO prospectus, OpenAI shelving a ChatGPT model and several Fed speakers ahead of U.S. jobs data.
Fed again hoping for a pain — free landing from current inflation spike
Fed projects a slow return to inflation target, but no rise in unemployment Warsh says labor market damage is not needed to restore price stability Policymakers see expectations leading to tempered price hikes Others argue demand, somewhere in the economy, will have to take a hit By Howard Schneider and Ann Saphir WASH