Event Dime
Rate cuts further dimmed with positive employment report
Events
- When:
- June 5, 2026 ยท 6:08 PM
- Where:
- Florida de novo group set to exit the starting blocks
- Source:
- Florida de novo group set to exit the starting blocks
The Bureau of Labor Statistics Friday reported that the economy added 172,000 jobs in May and revised March and April's employment upward, making the Federal Reserve less likely to cut interest rates to support the labor market in the near term.