"The Federal Reserve seems perched to launch another round of quantitative easing (QE), but a jobs report that reinforces July's positive surprise might undermine the Open Market Committee's support for QE3. Add that concern to the fact that this report comes at a key time in the election cycle, and we are looking at the most anticipated economic report in some time."
Kevin Hassett, AEI director of economic policy studies and former senior economist at the Federal Reserve*
Several additional American Enterprise Institute (AEI) economists are available to comment on Friday's jobs numbers. For help arranging an interview please contact:
TV Jesse Blumenthal jesse@aei.org / 202.862.4870
Radio Michael Pratt michael.pratt@aei.org / 202.862.5823
Print or Web Jesse Blumenthal jesse@aei.org / 202.862.4870, Michael Pratt at michael.pratt@aei.org / 202.862.5823, or Veronique Rodman at vrodman@aei.org / 202.862.4871
*Note: Kevin Hassett is an adviser to the Romney campaign. Other AEI experts are not affiliated with either campaign.
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