US non-farm payroll stats strengthen case for more QE

federal reserve

The president of the Federal Reserve Bank of Boston, Eric Rosengren, said today that the Federal Open Markets Committee (FOMC) should continue its asset purchase programme "throughout this year", as new figures were released suggesting US employment levels are recovering more slowly than previously thought.

Non-farm payroll employment, a key measure of employment used by the US's Bureau of Labor Statistics (BLS), rose by just 88,000 in March this year, cutting unemployment by just 10 basis

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: