"Slack of US labor market" keeping the Fed from raising interest rates

“Slack of US labor market” keeping the Fed from raising interest rates

Thursday, August 21st 2014 - 07:31 UTC

Full article 4 comments

The US Federal Reserve hinted that a surprisingly strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating. At the same time, most Fed officials wanted further evidence before changing their view on when rates should rise, according to the minutes from the central bank's July 29-30 meeting. Read full article

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ChrisR
“Most of the debate, however, centered around the amount of slack in the labor market, with many officials pointing to the millions of workers who have been out of work for extended periods or who are unable to find full-time employment.”

At last somebody has realised that the “Official” figures are misleading to say the least.

Just like in the UK, many people have given up trying to find a proper job and don't want to work for McD's.
Aug 21st, 2014 - 12:08 pm - Link - Report abuse 0
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4n conTroll
Oh boy they are building yet another HUGE bubble.

These northerners never learn.

@1

Well, isn't that what YOU wanted? A capitalist UTOPIA? You got it!

https://finance.yahoo.com/news/how-your-boss-will-run-your-life-in-a-few-years-165905475.html?.tsrc=mobifone

There you go.... ENJOY IT!
Aug 21st, 2014 - 05:19 pm - Link - Report abuse 0
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ChrisR
TTT

Do you ever READ the posts you criticise?

BTW, have you answered my second question yet: you never answered my first about what I wanted to see happen to Argentina?

Just try growing up and joining in the debate for once.
Aug 21st, 2014 - 07:02 pm - Link - Report abuse 0
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4n conTroll
I'll vouchsafe you your request.

What is the question you want to ask me?
Aug 21st, 2014 - 07:32 pm - Link - Report abuse 0
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