[lbo-talk] unemployment rate getting too low!

Doug Henwood dhenwood at panix.com
Fri May 13 14:09:54 PDT 2005


Goldman Sachs writes in today's weekly commentary on the US economy:


>* Fed officials will need to slow the pace of job creation as the
>economy approaches full employment. Tighter financial conditions are
>needed, and this will require a more persistent tightening campaign
>than the markets currently anticipate.



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