ECONOMISTS WEIGH IN: DO APRIL’S POOR JOBS NUMBERS RULE OUT A FED RATE HIKE?
Bisnow reports that the US economy added 160,000 jobs in April. That’s according to the Department of Labor’s jobs report, making April the weakest hiring month since September 2015—and flying in the face of Bloomberg and Wall Street Journal surveys of top economists who on average expected 200,000 and 205,000 jobs added, respectively. Given the poor employment showing, Bisnow sat down with top economists for their take on the odds of a June Fed rate hike.
Bisnow’s slideshow shares the debts here.