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  • Robust job growth. Implication: More interest-rate hikes coming

    By Charles Lipson
    Thursday, June 1, 2017 0 Economic Growth, Economy, Interest Rates, Quickie No tags Permalink

    ADP is a private firm that does its own surveys of the job market, independent of the regular government reports.

    The headline: Private sector job growth ‘rip-roaring’ in May: ADP (Fox Business)

    Quickie Comment: Assuming the official report confirms ADP’s survey, the evidence is building that the economy is back so more Fed interest rate hikes will be coming this year.

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    “Quickies” are a new feature at ZipDialog.

    They are, as the name wryly implies, very short, usually a link to a story and a brief comment.

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