Reported 11 months ago
The US added 272,000 jobs in May, surpassing economists' expectations of 180,000. This unexpected job growth is making the Federal Reserve's job more difficult, according to Stephen Dover of the Franklin Templeton Institute. The strong economic indicators may lead to higher interest rates over the next few years, complicating the Fed's efforts to balance the economy. Watch the video for further insights on market reactions and expert analysis.
Source: YAHOO