Tomoaki Shishido






One hypothesis the labor data is putting forward is that employment may now be growing at a pace of almost 300,000 even after the dollar has strengthened considerably. That is clearly above the speed limit, if this continues while labor participation does not increase, the jobless rate will fall to around 4.5 percent by the end of year and the Fed risks falling behind the curve in keeping inflation in check.

© Quotes.net