Jobs Report Should Not Cause Fed to Hike Rates, Hassett Says

Kevin Hassett said the April jobs report should not push the Federal Reserve to raise interest rates, implying a more dovish read on the labor data. He also discussed efforts to reduce the national debt and commented on President Trump's upcoming trip to China next week. The article is mostly commentary on policy and macro conditions rather than a new market-moving development.

Analysis

Kevin Hassett said the April jobs report should not push the Federal Reserve to raise interest rates, implying a more dovish read on the labor data. He also discussed efforts to reduce the national debt and commented on President Trump's upcoming trip to China next week. The article is mostly commentary on policy and macro conditions rather than a new market-moving development.