Instant Reaction: US Job Growth Falls Short, Sets Up Fed Pivot

Bloomberg Surveillance

06-09-2024 • 24 mins

The US hiring fell short of forecasts in August after downward revisions to the prior two months. The data are likely to fuel speculation that the Federal Reserve will deploy a big rate cut in September. Bloomberg's Tom Keene and Paul Sweeney get analysis on the numbers from Renaissance Macro Research Head of US Economic Research Neil Dutta, New Century Advisors Chief Economist Claudia Sahm, Moody's Analytics Chief Economist Mark Zandi, and Bradesco BBI Head of Equity Strategy Ben Laidler.

See omnystudio.com/listener for privacy information.

You Might Like

The Daily
The Daily
The New York Times
Pod Save America
Pod Save America
Crooked Media
Global News Podcast
Global News Podcast
BBC World Service
Full Story
Full Story
The Guardian
Ukraine: The Latest
Ukraine: The Latest
The Telegraph
Economist Podcasts
Economist Podcasts
The Economist
Squiz Today
Squiz Today
Squiz Media
The Morning Edition
The Morning Edition
The Age and Sydney Morning Herald
7am
7am
Schwartz Media
PEP with Chas and Dr Dave
PEP with Chas and Dr Dave
Chas Licciardello
The Journal.
The Journal.
The Wall Street Journal & Gimlet
The Bulwark Podcast
The Bulwark Podcast
The Bulwark Podcast
Leading
Leading
Goalhanger
The Ben Shapiro Show
The Ben Shapiro Show
The Daily Wire