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What the strong jobs report means for the Fed’s plan to lower interest rates
< < Back to what-the-strong-jobs-report-means-for-the-feds-plan-to-lower-interest-ratesWASHINGTON, D.C. (NewsHour) — 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.