Aligning with the U.S. Labor Day holiday, Matthias Scheiber, head of Allspring’s Systematic Edge Multi-Asset team, and Travis Keshemberg, senior portfolio manager on the Systematic Edge Multi-Asset team, review the U.S. employment situation and discuss the potential opportunities and challenges in the next 6 to 12 months.
The Federal Open Market Committee just decided to increase the federal funds target rate by 0.25%, resulting in a new target of 5.25% to 5.50%.
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