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QUESTION
When the non-farm payroll report is released interest-rates immediately change in the chicago trading pits and in banks worldwide. by what mechanism (i.e. what two key equations) does an unemployment
When the non-farm payroll report is released interest-rates immediately change in the chicago trading pits and in banks worldwide. by what mechanism (i.e. what two key equations) does an unemployment number change translate into a change in interest rates?
