Monday, July 9, 2007

FED FOCUS-Fed has way to go before rests on prices

(Reuters) - U.S. non-farm employers added 132,000 workers to their
payrolls in June and job growth in April and May was stronger
than first thought, the government said on Friday in a report
that showed the jobless rate holding at a low 4.5 percent.




With the economy rebounding after a weak first quarter, Fed
policy-makers will want to see inflation excluding energy and
food stay below 2 percent for several months in row.


Read more at Reuters.com Bonds News

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