Strong US job creation in April
|This article is relevant for clients who are affected by USD rates and US economic health.|
The numbers indicate that the job market and economy are more resilient than investors have feared, said Joe Manimbo, market analyst at Western Union Business Solutions. “The weight this jobs report carries from month to month can go some way to reviving the notion that the Fed could taper later this year. And the big revision to February suggests we could even see a revision to first quarter growth,” he added.
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Countries: United States