US payrolls increased by 178,000 in March and the unemployment rate fell to 4.3%. National Economic Council Director Kevin Hassett flagged policy measures he believes are supporting the labor market, signaling modestly firmer employment conditions. The print is positive but modest and is unlikely to materially alter market pricing or Fed policy expectations on its own.
US payrolls increased by 178,000 in March and the unemployment rate fell to 4.3%. National Economic Council Director Kevin Hassett flagged policy measures he believes are supporting the labor market, signaling modestly firmer employment conditions. The print is positive but modest and is unlikely to materially alter market pricing or Fed policy expectations on its own.
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mildly positive
Sentiment Score
0.25
