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New-York News

Will interest rates drop after May jobs report exceeds expectations?



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.



, 2024-06-07 22:24:00

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