WH adviser Hassett: June to be turning point in US employment
|White House Council of Economic Advisers Chairman Kevin Hassett told CNN on Friday that he expects the turning point in the US employment to come in June, per Reuters.
Regarding the US-China tensions, Hassett noted that the US was studying very closely economic penalties for china and reiterated that all options were on the table for China.
Market reaction
These comments failed to have a significant impact on market sentiment. As of writing, Wall Street's three main indexes were down between 0.2% and 0.4%.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.