US Rate Hike: The Back-Pedaling Brigade Last week’s payrolls report was ‘stronger than expected’, which should actually be fairly meaningless, given how many times it will be revised and considering that it is a lagging economic indicator. However, in light of the Fed’s absurd employment mandate, it does slightly increase the chances of a token rate hike at some point this year.
This post was published at Acting-Man on June 8, 2015.
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