NYT's Joe Rennison: The stock market is closed today for the Easter holiday but the bond market is still trading until midday. The fresh data appears to initially have been read by investors as allowing the Federal Reserve to focus on reducing inflat

2026-04-03

NYT's Joe Rennison: The stock market is closed today for the Easter holiday but the bond market is still trading until midday. The fresh data appears to initially have been read by investors as allowing the Federal Reserve to focus on reducing inflation. with the labor market still solid. And that likely means no interest rate cuts for some time.