Uncertainty in Monetary Policy Outlook and Labor Market Strength

Julie Su, US Acting Secretary of Labor, reacts to the better-than-expected November jobs report. Michael Darda, Roth MKM Chief Economist & Macro Strategist, says that the report should compel the Fed to hold off on cutting rates in early 2024. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the report suggests a very strong labor market supportive of services inflation. Jerome Schneider, PIMCO Managing Director, Short-Term Portfolio Management & Funding, gives his take on the jobs report. 

See omnystudio.com/listener for privacy information.