I think this jobs report alleviates some pressure that they need to absolutely need to fill. By the time we get to the September and November meeting, there will there won't be any need to do more hikes. There are one or two people, including Raphael Bostick of the Atlanta Fed, who say no more hikes. You're going to see some splintering between the hawks and the doves.
Bloomberg News Economics Reporter Steve Matthews and Yelena Shulyatyeva, Senior US Economist at BNP Paribas, discuss how the June jobs report could impact Fed policy. Richard Wahlquist, President and CEO of the American Staffing Association, shares his thoughts on the jobs report and employment trends. Swan Bitcoin Managing Director Terrence Yang talks about why big institutions are looking at Bitcoin. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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