6
Abr

Mixed numbers and the US economy seems healthier

Escrito el 6 Abril 2007 por Juan Toro en Financial Markets

The much waited employment report was released in Good Friday with almost of the markets closed and traders on holidays. Still there was a strong reaction to a very healthy number than takes away any possibility of interest rates reductions from the Fed. Greenspan prediction must wait at least one more year given the low unemployment rate reported this Good Friday. Farm payrolls came in at 180 000, well above the 130 000 analyst consensus. Moreover, there were upward revisions in the previous month

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