Fed policy not restrictive; inflation too high, Hammack says
Fed’s Hammack says policy is not restrictive and inflation remains too high. Local contacts view it as time for the Fed to hike to control inflation.
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Wall Street’s Biggest Fear Is Back: Treasury Yields Surge, Gold Signals Fed Fight Is Far From Over Ahead of Key Jobs Report
Treasury yields are jumpy heading into the second half of 2026, and Wall Street has good reason to be nervous. Yields capped a third consecutive quarterly rise on Tuesday, the last trading day of a first half that — despite severe geopolitical tensions and an energy crisis — ended on a surprisingly strong note. The S&P