Surprising jobs report complicates Fed rate-cut bet
mediastack
2026-05-09 15:00
Surprising jobs report complicates Fed rate-cut bet
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 ...

https://www.thestreet.com/fed/surprise-jobs-report-complicates-fed-rate-cut-bet-in-june-for-kevin-warshs-first-fomc-meeting-as-chair

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