Will interest rates drop after May jobs report exceeds expectations?

June 7, 2024
2,877 Views

Will interest rates drop after May jobs report exceeds expectations? – CBS News


Watch CBS News



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.

Be the first to know

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


Source link

You may be interested

Rafael Nadal will skip Wimbledon to focus on the Olympics
World
shares2,260 views
World
shares2,260 views

Rafael Nadal will skip Wimbledon to focus on the Olympics

new admin - Jun 13, 2024

Rafael Nadal is going to skip Wimbledon, as expected, and instead prepare for the Paris Olympics by entering a clay-court tournament in…

TikTok’s latest feature for musicians is a glossy video series
Technology
shares3,312 views
Technology
shares3,312 views

TikTok’s latest feature for musicians is a glossy video series

new admin - Jun 13, 2024

TikTok is introducing a new way for musicians on the platform to promote their music — this time through a…

Midyear financial checkup: What to know
Business
shares3,549 views
Business
shares3,549 views

Midyear financial checkup: What to know

new admin - Jun 13, 2024

[ad_1] IE 11 is not supported. For an optimal experience visit our site on another browser.Now PlayingHow to do a…