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

June 8, 2024
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How the Fed could react to an unexpectedly robust May jobs report – CBS News


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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.

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