What the U.S. jobs report means for the Fed Despite U.S. job creation exceeding forecasts in July,
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What the U.S. jobs report means for the Fed Despite U.S. job creation exceeding forecasts in July, experts believe that with weak output growth, the Fed will not raise the interest rate until after the U.S. presidential election.
Source: The Financial Times, August 5, 2016 Explain why the Fed might be cautious about raising interest rates despite strong jobs growth.
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Related Book For
Essential Foundations Of Economics
ISBN: 9781786633255
8th Edition
Authors: Robin Bade, Michael Parkin
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