May Jobs Report Changes Landscape for Fed
A disappointing employment report coupled with other signs of a slowing economy make a June rate hike much less likely, says Morningstar’s Bob Johnson.
Jeremy Glaser: For Morningstar I'm Jeremy Glaser. The U.S. economy added a disappointing 138,000 jobs last month, and we're here with Bob Johnson, our director of economic analysis to see what went wrong.
Bob, thanks for joining me.