Strong labor-market data could push Fed closer to hikes, market talk
Russell Investments’ baseline calls for the Fed to stay on hold this year. Strategist BeiChen Lin says hotter-than-consensus job creation—potentially more than double—could alter that outlook.
The Federal Reserve is expected to remain on hold this year in Russell Investments' baseline scenario, senior investment strategist BeiChen Lin says in a note. "But if job creation were to come in significantly hotter than consensus expectations (e.g. more than double), that might cause the Fed to…