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On the radar: St. Louis Fed Financial Stress Index low and little changed in April 26 week

The St. Louis Fed’s Financial Stress index was -1.336 in the April 26 week, barely changed from the -1.335 in the prior week. The level is the lowest since the readings of January 2018. With the prospect of no change in short-term rates out of the Federal Reserve and with the economy giving no immediate signs of a downturn, stresses in financial markets are distant.

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