You are here

Fed has to factor in reality behind job data

Despite falling jobless figures in April, news of stagnant wages and low inflation mean the US central bank may postpone a hike in interest rates to year-end

BT_20150512_LHJOBS_1663391.jpg
The American economy added 223,000 jobs in April, the 55th straight month of employment gains in the US.

THINGS seem to be really looking good. The US unemployment rate fell to 5.4 per cent in April, from 5.5 per cent in the previous month, a seven-year low, and the American economy added 223,000 jobs in that month, the 55th straight month of employment gains in the US. That would indicate that the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom