Fed's Williams: April jobs report 'positive' sign of momentum

WASHINGTON (MarketWatch) - The April jobs report was a "positive" signal that the economy has good momentum, said San Francisco Fed President John Williams. "I think what we're seeing is pretty steady job gains," Williams said in CNBC interview Monday, Williams said he expects the economy to bounce back from the weak first quarter, which he called "an anomaly." "The fact that we saw good employment numbers and other indicators, I think, is very reassuring on that," he said. The San Francisco Fed president said the outlook for inflation is "the big question" facing the U.S. central bank. The......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1ARJoL1
via IFTTT