The solid June jobs report should give Federal Reserve officials greater comfort that the economy is performing in line with their expectations, particularly after a perplexing slowdown in inflation earlier this year. The labor report doesn’t carry major implications for near-term policy moves because officials are expected to hold rates steady at their next meeting, July 25-26. Officials have indicated in recent weeks they could use...

Source: Wall Street Journal July 07, 2017 14:03 UTC