Jobs Report Puts Data-Dependent Fed on Hold

The Federal Open Market Committee (FOMC) meeting this week is likely to defer a decision on raising interest rates after a disappointing May jobs report.

About the Presenter

Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.

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