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For Fed, jobs report shows progress but likely still short of “substantial”

For Fed, jobs report shows progress but likely still short of "substantial"

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The addition of more than half a million jobs to U.S. payrolls in May nudged the economy further toward the “substantial progress” Federal Reserve officials want to see before changing monetary policy, but likely not far enough to accelerate what’s expected to be a cautious and possibly prolonged debate.

...read full article on Reuters

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