The Federal Reserve is quickly running out of reasons to cut interest rates

Government

If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and harder to find. Friday's jobs report for April provided the latest evidence that the central bank's larger concern isn't a flagging labor market but rather a cost of living that is getting increasingly harder for ordinary Americans to bear. The nonfarm payrolls increase of 115,000 last month is hardly gangbusters, but is another sign that the jobs picture has stabilized at least

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