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