What have you always wondered about the economy? Tell Us

How will the Fed respond to March’s jobs numbers?

Jeremy Hobson Apr 9, 2012

Jeremy Hobson: Well here in this country this morning, Wall Street will get its first chance to react to Friday’s disappointing jobs report from the Labor Department. The report said just 120,000 jobs were created last month — far short of the 210,000 economists were expecting.

That could influence the Federal Reserve, as the central bank considers whether to do more to spur hiring, says Mark Vitner, senior economist with Wells Fargo.

Mark Vitner: If it’s your job to promote a monetary policy that helps engender economic recovery, I think you’re going to err on the side of hey, some of these things don’t add up, I think maybe we should do a little more ease — what’s the harm that that’s going to do?

We may get some clues about what the Fed plans to do when chairman Ben Bernanke speaks in Atlanta this morning.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.