05-07-2019 16:03 via ocregister.com

U.S. adds solid 224,000 jobs; Fed rate cut may be less certain

By JOSH BOAK
WASHINGTON — U.S. employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy’s durability after more than a decade of expansion.
The strength of the jobs report the Labor Department issued Friday could complicate a decision for the Federal Reserve late this month on whether to cut interest rates to help support the economy. Most investors have anticipated a rate cut in July and perhaps one or two additional Fed cuts late
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