Deceleration In Jobs Growth Could Result In One More Rate Hike
Schwab Network
English - April 05, 2023 21:51 - 11 minutes - 112 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Is the weaker jobs data providing a boost to the stock market today? Also, the gold price pushed up and made new highs, as well as the bonds and notes were higher. Phil Streible is surprised at this, but says that the markets are forward-looking. Federal Reserve's Mester said that more interest rate hikes ahead are likely. Streible says that the deceleration in jobs growth could result in one more interest rate hike.