August payrolls strengthen the case for Fed hikes

Bloomberg · 4 hours ago
August payrolls strengthen the case for Fed hikes
  • The US added 162,000 jobs in August, according to the report summary.
  • Claudia Sahm, chief economist at New Century Advisors, said the jobs report favors Federal Reserve officials who want to begin hiking rates.

Quotes

She says this jobs report favors Federal Reserve officials that want to start hiking rates.Claudia Sahm

Sources