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Payroll shew higher (257K) then predicted (234K). Hope everyone Took proffit!)
Hve fun on HOLLIDAYS))!!
Hve fun on HOLLIDAYS))!!
Community Blog
Fed Bullard: Small taper would still leave very stimulative policy
- Expectations of tapering will rise as labour market continues to show cumulative improvement
- Fed wants to be assured that any progress in labour market will be lasting
- Unemployment and and payrolls have clearly improved but other labour data has not
- FOMC decisions are dependant on data
- Forward guidance and asset buying separate tools but market sees them closely linked creating challenges for Fed