You are using an older browser version. Please use a supported version for the best MSN experience.

U.S. labor market soars in January as investors hope for soft landing, fear further rate hikes

Duration: 03:04
The January jobs report showed unemployment at its lowest since 1969, but investors fear the hot economy will bring further interest rate hikes from the Federal Reserve. Lori Bettinger, president of Bancalliance, joined CBS News to discuss why the prospect of a soft landing is looking more likely.

UP NEXT

NOW PLAYING: Animals

U.S. labor market soars in January as investors hope for soft landing, fear further rate hikes

U.S. labor market soars in January as investors hope for soft landing, fear further rate hikes

UP NEXT

image beaconimage beaconimage beacon