Thursday, April 3, 2014

NFP Can Confirm or Deny Yellen's US Economic Expectations

NFP Can Confirm or Deny Yellen's US Economic Expectations:



A negative or below expectations NFP would put pressure on the Federal Reserve. Employment is one of the pillars that have to support the US economic growth and it has not recovered to pre-crisis levels. Decisions such as tapering would have to be reviewed and that would put the 2015 rate hike further back, which can hurt the USD versus majors.



'via Blog this'