Weak jobs numbers raise pressure on Fed to print more money [Archive] - Glock Talk

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snerd
04-16-2012, 10:26
Green shoots everywhere............

Disappointing jobs data is driving fresh speculation over whether the Federal Reserve might take extra moves to boost the economy.If recent reports are an indication that the economy might be losing steam, the central bank could feel compelled to act with another policy move that could boost markets but also expose it and its chairman, Ben Bernanke, to even more political scrutiny.

The Labor Department reported earlier this month that the economy added just 120,000 jobs in March, well below expectations and snapping a three-month streak of strong job gains.

And, on Thursday, data showed the number of people applying for new unemployment benefits had spiked to a two-month high.

http://thehill.com/blogs/on-the-money/801-economy/221549-weak-job-numbers-raise-pressure-on-fed-to-consider-new-stimulus

walt cowan
04-17-2012, 06:00
just follow buffet and goldman to the fed side window and gets ya a basket full.:supergrin: