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Jobs data triggered Trump, but Fed officials saw it not as rigged, but as reason to cut
The very 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.
Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...
Wall Street depends on the Bureau of Labor Statistics' flagship jobs report for economic and Fed policy clues.
If we look at job openings as a proxy for demand and unemployed persons as a proxy for supply, the jobs market is more or ...
The July jobs report showed a smaller-than-hoped-for number of non-farm payroll jobs were added to the U.S. economy during ...
Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...
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