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U.S. Strong Job Growth Won’t Change Fed Liftoff Plans

  Author: BBVA Research ( BBVA Research )
 June, 2015
  Price: FREE

Abstract:

Nonfarm payrolls jumped 280K in May, the largest gain since December. A rise in 16-24 year old participation pushed up the unemployment rate to 5.5%. Better-than-expected job growth still not enough to offset weak inflation in Fed’s outlook.
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