June jobs report signal possible interest rate cut later this year

FAN Editor 7 months ago

June jobs report signal possible interest rate cut later this year – CBS News

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The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department’s Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers and if they mean a potential interest rate cut in the fall.

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