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June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month
nypost.com/2025/07/03/business/june-jobs-report-comes-in-strong-reducing-hopes-for-fed-rate-cut
US job growth outpaced expectations in June, signaling continued strength in the labor market and diminishing the likelihood of an interest rate cut by the Federal Reserve later this month.
The unemployment rate dipped to 4.1%, down from 4.2% in May.
According to the Labor Department’s…
This story appeared on nypost.com, 2025-07-03 23:30:11.933000.