How the Fed could react to an unexpectedly robust May jobs report

FAN Editor 9 months ago

How the Fed could react to an unexpectedly robust May jobs report – CBS News

Watch CBS News


The latest data from the Labor Department shows the U.S. added 272,000 jobs in May. The figure was much higher than economists expected, indicating that the market is not slowing down. CBS News senior business and technology correspondent Jo Ling Kent explains what the report means for the Fed’s fight against inflation.

View CBS News In

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.

Free America Network Articles

Leave a Reply

Next Post

FDA approves first RSV vaccine for adults in their 50s

Fri Jun 7 , 2024
The Food and Drug Administration has approved giving GSK’s vaccine for respiratory syncytial virus down to age 50 years old, to those who are at higher risk of severe RSV, the company said Friday, making it the first shot greenlit for use in this age group to guard against RSV. […]

You May Like