Only in the Liberal Media: Good New is Bad News
 

Will big U.S. job gains raise inflation risks? Tight labor markets could give the Fed even more pause on rate cuts

By John W. Schoen
Senior Producer
MSNBC
Updated: 10:58 a.m. CT July 6, 2007


The latest data showing strong job growth are good news for anyone looking for a job or angling for a raise. But with the Federal Reserve still keeping an eagle eye on inflation, the news makes it unlikely the rate-setters will lower their guard — or interest rates — anytime soon.


Full article:

URL: http://www.msnbc.msn.com/id/19621049/