Jobs May Be Up, But the US Economy Is Slowing =============== #275a7504 ver:1.82 The US economy added 272,000 jobs in May, exceeding expectations, but the unemployment rate also rose to 4%. The unexpected strength of the labor market challenges the belief of lower interest rates and raises doubts about rate cuts by the Federal Reserve. Treasury yields increased, indicating a shift in market sentiment. Small business owners are preparing for rate hikes and stagflation. Economists are reassessing their outlook for the economy and monetary policy. #USjobs #economy #interestrates... #newstr #UsEconomy #Jobs #Unemployment #Inflation https://here.news/story/275a7504?ver=1.82