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Surprising jobs report complicates Fed rate-cut bet

THE STREET·8h ago·3 min read
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RSS SUMMARY · AGGREGATED FROM THE STREET

The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy costs fueled by the Iran War,  U.S. employers added more jobs than expected …

The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy costs fueled by the Iran War,  U.S. employers added more jobs than expected …

The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy costs fueled by the Iran War,  U.S. employers added more jobs than expected …

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