Surveillance: US Payrolls Post Big Beat
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 5 August 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
Marty Walsh, U.S. Secretary of Labor, says current job growth will be sustainable. Tiffany Wilding, PIMCO Chief U.S. Economist, discusses the Federal Reserve's next move. Randy Kroszner, University of Chicago Booth School Professor of Economics & Former Federal Reserve Governor, says that a 75 basis-point increase will be on the table for the Fed's next meeting. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says it's a good-news-is-bad-news environment, though the economy is strong.
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