Similar Stories to Job Growth Trips Again, Opens Door To More Fed Moves on Bing News

WASHINGTON (Reuters) - U.S. job growth braked sharply for a third straight month in May and the unemployment rate rose for the first time in nearly a year, raising chances of further monetary stimulus from the Federal Reserve to support the sputtering recovery.

BING NEWS:
  • Fed shifts talk to 'scenarios' as policy grows less certain
    Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S. central bank officials have shifted ...
    05/21/2024 - 10:29 pm | View Link
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