-- "The debate has quickly shifted from whether the Fed will hike to the more important question of how many hikes this cycle will ultimately require," said Seema Shah, chief global strategist at Principal Asset Management. "We do not expect the Fed to be one-and-done."
-- "This print solidifies the case for several rate hikes in the near-term," said Jeff Schulze, head investment strategist at the Franklin Templeton Institute.
-- "It doesn't require sophisticated statistical techniques to see that this isn't the trajectory the Fed wants," said Brian Jacobsen, chief economic strategist at Annex Wealth Management.
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