Will interest rates drop after May jobs report exceeds expectations?

[ad_1]

The Labor Department’s jobs report for May far exceeded the predictions of economists with 272,000 jobs added across the U.S. while the unemployment rate rose slightly to 4%. CBS News senior business and tech correspondent Jo Ling Kent has more on how the Federal Reserve may consider those numbers when deciding on interest rate changes.

[ad_2]

, 2024-06-07 22:24:00

Source link

Related posts

Mayor Mamdani Unveils Vision Zero Reimagined to Make Streets Safer for Every New Yorker

NYC Unveils $5B Housing Plan

Who Will Replace Joey Chestnut?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More