Weekly Wrap: A surprise-free 217,000

Kai Ryssdal Jun 6, 2014
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Weekly Wrap: A surprise-free 217,000

Kai Ryssdal Jun 6, 2014
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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…”

 

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