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21:45
Daly: Productivity gains will drive up the neutral interest rate, but the short-term impact is limited
ChainCatcher news, according to Golden Ten Data, Federal Reserve's Daly stated that models show productivity improvements will drive the neutral interest rate, and the labor market is showing less liquidity and vitality, making it unlikely to affect the neutral interest rate in the short term. Despite steady growth, companies have mentioned uncertainty in demand.
21:39
Daly: U.S. companies hold a cautiously optimistic outlook on the labor market
According to Golden Ten Data, ChainCatcher reported that Federal Reserve's Daly stated that companies are now seeing a buyer's market in the labor sector. For U.S. businesses, the recent uncertainty in demand has shifted to cautious optimism.
21:30
Most major US asset class ETFs declined, with gold ETFs closing down over 3.1%, while real estate ETFs rose more than 0.9%.
Russell 2000 Index ETF and Soybean Fund both closed up at least 0.03%, Dow Jones ETF, S&P 500 ETF, and US Treasury 20+ Year ETF all rose at least 0.12%, Long US Dollar Index increased by 0.34%, and US Real Estate ETF rose by 0.95%.
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