Macro Finance
Jobs Surge Raises Odds of September Fed Hike
Bloomberg Markets·September 5, 2026·1 min read
Seaport's Jonathan Golub says a stronger-than-expected US jobs report reinforces the case for the Federal Reserve to raise interest rates, despite President Trump's calls for lower borrowing costs. He worries about longer-term bond yields as AI investment and government borrowing compete for capital.
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