Federal Reserve officials, already worried about surprisingly weak U.S.
job growth, expressed concerns at their most recent meeting last month over the potential economic and financial market consequences of a British
vote to leave the European Union. Consequently, they decided on June 15 to hold their benchmark interest rate steady at between
0.25% and 0.5%.
They also said they wanted to see more data to determine if May's
low job growth of 38,000 was an exception or a sign of a more pronounced labor market
slowdown.
