May 5, 2017 / 6:12 PM / 3 months ago

Robust jobs data reduce doubts on June U.S. rate hike -Morgan Stanley

NEW YORK, May 5 (Reuters) - Morgan Stanley economists said on Friday a "very strong" U.S. payrolls report for April reduced doubts whether the Federal Reserve would raise interest rates at its June 13-14 policy meeting.

"There wasn't much doubt in our view before this report about a Fed rate hike in June, and there's less now," Morgan Stanley economist Ted Wieseman wrote in a research note.

Reporting by Richard Leong; Editing by Chris Reese

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