Fed Dilema Resolved; Treasury's Just Beginning
magonomics
May 26, 2006
Prior the US April jobs data, the Fed funds futures had been straddling the fence, with a roughly 50/50 chance of a hike/pause. The weaker than expected job growth resolves the dilemma and shifts the odds convincingly toward a pause. The Federal Reserve will signal to the market next week that it is prepared to pause, barring significant surprises…
Fed Dilema Resolved; Treasury's Just Beginning
Reviewed by magonomics
on
May 26, 2006
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