Jobs Report Puts Data-Dependent Fed on Hold

By Blu Putnam, Chief Economist, CME Group

Video Highlights:

  • Data-dependent Fed likely to delay rate hike after weak jobs data.
  • Emotive Brexit vote next week could influence Fed timing.
  • Highly-charged U.S. elections also might be taken into account.
  • Conditions might improve for Fed move in December or January.

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