June, 17 2016 by lsr team

The latest US employment report was a bit of a shocker, with May’s dismal 38k job gain apparently killing any chance of a Fed rate increase in either June or July. Despite weaker than expected US jobs data and the downward revision of the Fed’s dot plot, we still expect two rate hikes from the Federal Reserve later this year. Click above to watch the video or below for our recent LSR View report.