Fantastic unemployment numbers and the Fed hikes rates. Scott Phillips on Nine’s Late News

‘The jury is out’ on whether the RBA will follow the US’s lead in raising interest rates, says the Motley Fool’s Scott Phillips, but there is no questioning the ‘spectacular’ unemployment figures.

Motley Fool's Scott Phillips

Image source: Nine News

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Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Thursday night to discuss the US Federal Reserve raising interest rates there, the prospect of the RBA doing the same, as well as some cracking unemployment numbers.

Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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