Rivlin: Jobs Numbers Put U.S. Recovery Back on Track

The transcript discusses the US labor market's strength, noting a slowdown in job growth and wage gains. It explores the probability of a Fed rate hike, considering economic uncertainties like Brexit. The potential impact of Brexit on the US economy is analyzed, with a focus on financial conditions. The ECB's bond purchase strategy and fiscal policy challenges are examined. Finally, the Fed's internal dynamics and concerns about US economic growth are discussed, highlighting the need for infrastructure investment and overcoming political gridlock.

What is the speaker's expectation regarding the Federal Reserve's interest rate decisions?

How does the speaker assess the potential impact of Brexit on the US economy?

What is the speaker's view on the current state of US economic growth and political gridlock?