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Jobs report will keep Fed on hold: wealth manager

Credit: Reuters Studio
Published on February 7, 2020 - Duration: 05:43s

Jobs report will keep Fed on hold: wealth manager

The U.S. economy added more jobs than expected in January but previous months’ gains were revised downward.

Runnymede Capital’s Chris Wang says the report will push the Fed to keep interest rates on hold through the first quarter.

Fred Katayama reports.

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Jobs report will keep Fed on hold: wealth manager

The U.S. economy added more jobs than expected in January but previous months' gains were revised downward.

Runnymede Capital's Chris Wang says the report will push the Fed to keep interest rates on hold through the first quarter.

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