06/08/2026
Are Rate Hikes on the Way?
Monday Morning OUTLOOK
"The job market was surprisingly strong in May with nonfarm payrolls growing 172,000, beating even the strongest
forecasts for the month. As a result, the futures market is now
pricing in a quarter-point rate hike later this year and more likely
than not another quarter point rate hike sometime in 2027."
Brian S. Wesbury – Chief Economist, First Trust