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Market Extra: Is the Fed ‘tightening cycle’ already happening?

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The Federal Reserve surprised markets this week by announcing it will begin to gradually sell off its corporate debt holdings accumulated during the pandemic, a tiny step toward dialing back its far reach into U.S. financial markets.

Economic Report: U.S. creates 559,000 jobs in May and unemployment falls to 5.8%, but it’s really just a so-so report

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