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PBS News Hour

Strong jobs report raises fear Fed may not lower rates soon

The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It's been resilient for months despite predictions of a recession last year. At the same time, the Federal Reserve indicated it’s too soon to start lowering interest rates. Amna Nawaz discussed the latest with Federal Reserve Bank of Chicago President Austin Goolsbee.
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