PBS NewsHour

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.

Strong jobs report raises fear Fed may not lower rates soon

6m 43s

  • May 2, 2024 - PBS NewsHour full episode: asset-mezzanine-16x9

    May 2, 2024 - PBS NewsHour full episode

    S2024 - 57m 46s

    Thursday on the NewsHour, police forcefully break up the UCLA encampment as arrests and protests against the war in Gaza spread to more college campuses. We hear from the niece of an Israeli American hostage nearly eight months after he was taken captive by Hamas. Plus, a closer look at this consequential Supreme Court term, the cases heard and the ideological divide on display.

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