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Jobs data strengthens case for rate cuts

Reuters on MSN · 13h

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 · 1d

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

BLS, monthly jobs and U.S. commissioner

Talking Points Memo on MSN · 1h

BLS Commissioner Nominee’s Suggestion to Suspend Monthly Jobs Report Is ‘Like Gouging Our Eyes Out’

President Donald Trump on Monday evening nominated a Heritage Foundation economist who has publicly criticized federal data collection at

UPI on MSN · 5h

BLS nominee E.J. Antoni suggests suspending monthly jobs reports

Bureau of Labor Statistics commissioner nominee E.J. Antoni has suggested suspending monthly jobs reports in favor of more accurate quarterly reports.

USA TODAY on MSN · 5h

Trump's BLS commissioner pick suggests suspending monthly jobs reports

E.J. Antoni, Trump's pick as commissioner of Labor Statistics, recently endorsed halting monthly jobs reports until the methodology is changed.

11hon MSN

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

4h

Trump Demands Emergency Fed Rate Cut and Threatens ‘Major Lawsuit’ Against Chair Powell

President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling ...

6don 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 ...

5don 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 ...

11d

Federal Government Shed 12,000 Jobs in July

The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.

6don MSN

Fed's Cook says tepid July jobs data merits concern

Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the ...

6d

Fed's Daly: Fed will likely need to lower rates in coming months as job market has slowed

San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...

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