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https://www.wsj.com/articles/jobs-report-is-unlikely-to-resolve-fed-rate-debate-1690ff2e

Jobs Report Is Unlikely to Resolve Fed Rate Debate

A continuing strong labor market could lead officials to raise rates higher than anticipated

By Nick Timiraos
Friday’s rosy jobs report underscores a scenario where the Federal Reserve might decide to hold rates steady in June and then raise them later this summer. Photo: andrew caballero-reynolds/Agence France-Presse/Getty Images

Friday’s jobs report does little to clarify the Federal Reserve’s debate over whether to hold rates steady this month. But it underscores the prospect that, if officials do so, they could favor raising rates later this summer.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.