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Event Brief

Fed running out of reasons to cut rates

Friday’s jobs report suggested the Fed’s focus is on a cost of living that is getting harder to bear.
WHO: Federal Reserve
WHAT: Jobs report adds evidence against cutting interest rates
WHEN: May 8, 2026 at 1:40 PM ET
WHERE: Location not specified
WHY: The jobs report provided evidence that the Fed’s larger concern is cost of living.

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