NEC Director Kevin Hassett on May jobs report: This is a job market that's hitting on all cylinders

White House NEC Director Kevin Hassett discussed the May jobs report and broader state of the economy, with comments focused on how the data could influence the Fed's interest rate outlook. The piece is largely a preview/interview description rather than a report of new economic figures or policy action. Market impact is limited, but the discussion is relevant for rate expectations.

Analysis

White House NEC Director Kevin Hassett discussed the May jobs report and broader state of the economy, with comments focused on how the data could influence the Fed's interest rate outlook. The piece is largely a preview/interview description rather than a report of new economic figures or policy action. Market impact is limited, but the discussion is relevant for rate expectations.