With the optimistic look of the June jobs report coming after a miserable May spending report, many are hoping this means lower interest rates from the Fed. However, some argue that the jobs report isn't revealing the entire picture of the U.S. economy and, therefore, find the Fed will take action independent of the reports released, which will instead be affected by other economic factors such as the Brexit.
To help us get a better idea of how to sort through all the information, we asked traders, Does the strong job data for June mean the bad May numbers was an anomaly so the Fed can tighten as soon as July? Or is the Fed on hold indefinitely?
Here's what they said...