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Jobs data strengthens case for rate cuts

Reuters on MSN · 1h

Jobs data triggered Trump, but Fed officials saw it not as rigged, but as reason to cut

The data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics because he did not like the July employment report, calling it "rigged," is being taken as serious evidence by Federal Reserve officials of a slowing economy and as a justification for the interest rate cuts Trump wants.

The Dallas Morning News · 23h

Fed should make three rate cuts based on weak jobs data, key leader says

A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her

The Hill on MSN · 1d

Top Federal Reserve official: Jobs data strengthens case for rate cuts

The Federal Reserve should move to cut interest rates, board of governors member Michelle Bowman said Saturday, citing dramatic negative revisions to the monthly jobs report released at the

1hon MSN

Ex-Fed's Bullard says he's talked with Bessent about Fed chair job

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

1hon MSN

Trump Threatens Fed Chair Powell With 'Major Lawsuit'

President Donald Trump touted a "major lawsuit" against Federal Reserve Chair Jerome Powell over the cost of the construction of new Fed buildings.

5don MSN

Fed official says last week's jobs revisions could signal an economic turning point

Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...

48m

CPI: New inflation reading creates dilemma for Fed over cutting rates in September

A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...

4don MSN

Fed official calls July jobs report 'concerning' as economy hits potential turning point

Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at ...

3don MSN

Fed's Musalem: There are risks now to both the inflation and jobs goals

The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...

6don MSN

Further deterioration in employment will propel the Fed to cut rates – GlobalData’s Dario Perkins

There is still a case for modest monetary loosening, which the Fed is to deliver if employment does not reaccelerate quickly, ...

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