CNN Report on Jobs

Bill and DianaNews Leave a Comment

This is a critical component if you are trying to determine what the future holds for mortgage interest rates.

http://money.cnn.com/2006/05/05/news/economy/jobs_april/index.htm?section=cnn_topstories

1. Higher or faster job growth worries the Federal Reserve about inflationary pressure, seemingly more than fuel prices or groceries. I don't get it, but that's the way it works.

2. Higher unemployment causes the Federal Reserve to keep interest rates down.

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