Change flag in the Job Report 2020 in a few clicks

Aug 6th, 2022
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How to change flag in the Job Report 2020

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all right well the US added 303,000 jobs in the month of March well that was well above the Streets expectations now City saying in a recent note that they expected the job market to weaken with just 150,000 jobs added in March leading to 125 basis points of cuts this year almost double what the market is currently pricing in so where do things stand following this higher than expected uh jobs print that we got out this morning we want to bring in one of the economists behind that call you have Andrew Hollen horse hes a city a chief us Economist Andrew its great to see you here so first just your reaction to the print that we got out this morning and whether or not that changes your base case for the fed and the degree of the cuts that you are expecting this year yeah this was a much stronger than expected jobs report like you said stronger than our forecast stronger than consensus forecast I dont know that it changes that much for the FED at the end of the day um or that we should

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