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CORN TECHS

(N1) Fresh Cycle High

STIR

Effective Fed Funds Rate

BONDS

Selling interest across the board

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Minneapolis Fed President Kashkari (dove, non-voter in '21) told CNN that the Fed has powerful tools to fight inflation if required but warned against cutting off the recovery prematurely.

  • On the prospect of normalisation Kashkari noted the following: "How long is it going to take to bring all of those folks back into the labor market and really achieve full employment? We'll see, it may take a few years."