Jobs reaction: Expect Fed rate hike in July, says economist
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#fed #fedmeeting #jobsreport #yahoofinance The June jobs report came in lower than expected, with nonfarm payrolls at 209,000. S&P Global Economist Paul Gruenwald joins Yahoo Finance Live to discuss the report and his expectations for July’s Fed rate hike meeting. Gruenwald expects another rate hike in July and that rate hikes will remain higher for longer. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with […]