Hiring slowdown ahead of Friday's jobs report could force Fed's hand

With the February jobs document on deck, traders are bracing for signs of a cooling labor market amid a slew of most recent former financial files. Whereas the labor market has shown energy over the last few months, some consultants are predicting a gradual slowdown in hiring—a shift that can well at final nudge the Federal Reserve toward reducing pastime charges. George Seay, chairman & founding father of Annandale Capital, joined TheStreet to focus on why he is watching for a weakening labor market and the arrangement it will affect the Federal Reserve's payment reducing technique.

Linked: U.S. jobs cuts at 16-twelve months excessive as trade struggle considerations hammer sentiment

Stout Video Transcript Beneath:

GEORGE SEAY: I attain ask a slowdown in hiring. I acquire that the labor market will affect the Fed, but I salvage now not think this may per chance attain so straight. I acquire this may per chance take time for that to play out within the labor market. It has been very, very solid till now. I acquire or now not it would weaken. I acquire or now not it would salvage extra troublesome for other folks to search out good jobs within the next 24 months, so as that that will likely be a a receive within the face ingredient that the Fed should face and potentially will lead to them reducing charges at final. However I salvage now not think or now not it'd be within the come interval of time.

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