Yellen Says Latest Jobs Report Raises Questions About Economic Outlook – Wall Street Journal

PHILADELPHIA—Federal Reserve Chairwoman Janet Yellen on Monday said the dismal May employment report has raised significant questions about the economic outlook that will weigh on officials as they determine when to lift short-term interest rates.

Ms. Yellen said a number of “considerable and unavoidable” uncertainties could affect the outlook for the U.S. economy and the path of monetary policy, including sluggish global growth, weak business investment, low U.S. productivity growth and uncertainty about the outlook for…

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