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More Jobs Equal More Chance of Less Stimulus

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More Jobs Equal More Chance of Less Stimulus
AIRED:
The economy is heading in the direction the Federal Reserve hoped it would. Employment gains added up to a better-than-expected 195,000 in June - and upward revisions to the two months before bring the three-month average upwards of 196,000. A report like this gives the Fed more reason to start pumping less than 85 billion dollars a month into the economy. Julia Coronado of BNP Paribas was thinking the Fed would wait until December but now:moreless
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