- It would be harder for the Federal Reserve to deal with a spike in inflation than a softening of growth, a Fed policy-maker said on Friday, suggesting the central bank may want to err on the side of higher interest rates.
- U.S. Payrolls rose 211,000 in March and the fell to 4.7% from 4.8% the previous month, the lowest in four years. YoY average hourly earnings were up 3.4%.
- U.S. Wholesale inventories rose 0.8% in February, the Commerce Department said Friday.
- Rail intermodal traffic on U.S. railroads rose 11%, while carload traffic inched up 0.6% last week compared with the same week a year ago, the Association of American Railroads said.
- Canada's unemployment rate improved from 6.4% to 6.3% in March, the lowest in 32 years.
- Germany's cocoa grind totaled 78,322 tons in the first quarter of 2006, up 35% YoY. For 2005, Germany's cocoa grind was up 10%.
- U.S. Consumers may face gasoline shortages or price hikes at the pump this summer because of fuel additive changes at refineries and a likely strong hurricane season, the U.S. Energy Secretary said on Friday.
No comments:
Post a Comment