Jobs Report Good Enough for Accommodative Tapering

by Ashraf Laidi

Aug 2, 2013 18:31

July non-farm payrolls disappointed with a rise of 162K jobs, undershooting expectations for 195K. On the positive side, the unemployment rate fell to 7.4%, the lowest level since December 2008. So what will the doves and hawks at the Fed decide? Chart & analysis

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