Dennis Lockhart Dumbs Down Jobs Recovery |
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April 05, 2011 |
April 2011 Bond Updates
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Bond prices continue to swing and are buffeted by the competing views of U.S. policymakers. The diverse set of opinions from an array of speakers during the past week clearly illustrates that the members of the Fed’s policy-making committee have plenty to discuss when they next meet. And although no change in interest rates is likely to result it would benefit the central bank to put the recovery of the labor market in to context so that a far-faster decline in the headline rate of unemployment regains once again holds water for market participants.
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View more at: http://blogs.forbes.com/greatspeculations/2011/04/04/ib-interest-rate-brief-dennis-lockhart-dumbs-down-jobs-recovery/
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