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NEC’s Hassett on Jobs Report, Oil Exports, US Economy

Economic DataEnergy Markets & PricesGeopolitics & WarInflationCommodities & Raw Materials

Kevin Hassett responded to the US March jobs report and warned that supply disruptions related to the war in/near Iran could push oil prices higher. He noted that higher oil prices from geopolitical disruptions could transmit to US inflation and weigh on economic growth, though no specific job or price figures were provided.

Analysis

Kevin Hassett responded to the US March jobs report and warned that supply disruptions related to the war in/near Iran could push oil prices higher. He noted that higher oil prices from geopolitical disruptions could transmit to US inflation and weigh on economic growth, though no specific job or price figures were provided.

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