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Weekly Wrap: A surprise-free 217,000

ECB

The logo of the European currency Euro is pictured in front of the European Central Bank, ECB in Frankfurt am Main, western Germany on April 3, 2014.

Jo Ling Kent of Fox Business and Felix Salmon of Fusion joined Kai Ryssdal to talk about the week's news. Hear their whole conversation in the audio player above.

Some highlights on the May unemployment report:

Felix Salmon:

"[It's] exactly the same as it has been for the past couple of months... it's not spectacular, we're getting better... no surprises."

Jo Ling Kent

"This may be when the Feds starts to think more aggressively about raising those rates eventually... it's interesting... Manufacturing jobs. Good."

Kent on the ECB and negative interest rates:

"This could be an opportunity for small and medium businesses in Europe, pushing money into their hands... could be good for US companies like Boening and big companies like that..."

 

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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