Financial Planning News
Thu, 6 Jun 2013
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BlackRock's Heidi Richardson, University of Chicago professor Randy Kroszner, and Morningstar's Bob Johnson tackle today's key macro issues--including employment , housing, consumer and corporate spending, the Fed taper, and much more.
The rebound in jobs in June is a sign that the U.S. economy is still chugging along but not at a pace that will force the Fed's hand in raising rates soon, says Morningstar's Bob Johnson.
Last month's employment numbers showed a continued, steady improvement, but they weren't so strong that the Fed will feel forced to taper its easing programs, says Morningstar's Bob Johnson.
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