Kocherlakota

Market Buzz Looking for Better-Than-Forecast U.S. Job Gains in March

April 1, 2011

Analysts have been projecting a 200K increase in nonfarm payroll jobs, but many market traders believe the figure may be closer to 300K than 200K.  The catalyst for these euphoric whisper numbers was an interview of Minneapolis Fed President Kocherlakota suggesting 50 basis points of rate tightening later this year. The dollar is mixed on […] More

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