What’s the Fed’s Number?
Economic Commentary Highlights...
- The September 2012 employment report did little to change our view on the labor market, the overall economy, or on the outlook for the Federal Reserve’s (Fed’s) quantitative easing (QE) program.
- The Federal Open Market Committee (FOMC) minutes revealed that when discussing the labor market, FOMC members noted that “growth in employment had been disappointing.”
- In our view, markets (and the public) are likely to continue to clamor for more specifics and transparency from the Fed.
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Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of October 8, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902.http://www.mylsb.com/
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Labels: economy, employment report, Federal Reserve, labor market, LSB, LSB Financial
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