The disappointing May jobs report has set off a fresh round of speculation – and concern among Republicans – about whether the Federal Reserve will move to boost the economy.
Friday’s employment report, which found the economy added just 69,000 jobs - less than half of expectations – suggested an already tenuous economic recovery may have lost steam.
With the Fed officially charged with maximizing employment and controlling inflation, those bleak numbers have analysts and lawmakers wondering if the central bank will act to jolt the economy.
1 comment:
Oh,there will be another stimulus because all the money keeping public union jobs has run out so its time to replenish it.
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