US Labor Market Stronger Than Expected, Raises Doubts About Rate Cuts
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#275a7504 ver:1.75

US labor market stronger than expected, with 272k jobs added in May, exceeding estimates. Unemployment rate rose to 4%, but wages rose 4.1%. Doubts about rate cuts as investors now see a 53% chance of a cut in September. Fed meeting this week to discuss. #USjobs #economy #Fed #ratecuts...

#newstr #UsLaborMarket #InterestRates #Inflation #UsEconomy #FederalReserve #RateCuts #WallStreet #JobsReport 

 https://here.news/story/275a7504?ver=1.75