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Top Fed officials unswayed by poor July jobs report, take wait-and-see approach to rate cuts

Several senior Federal Reserve officials on Friday characterized the labor market as “solid” even after a poor July jobs report and appeared in no rush to lower U.S. interest rates.

Investopedia on MSN · 21h

U.S. Job Growth Slowed Sharply, Shifting The Fed's Rate Cut Calculus

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances of a September rate cut.

Barron's · 2d

Shockingly Weak Job Growth Ramps Up Pressure on Fed

U.S. job growth has slowed to below what’s generally considered healthy, suddenly upending the picture of a balanced job market and increasing support for interest-rate cuts. U.S. employers added just 73,

Trump, Bureau of Labor Statistics and Jobs

Yahoo · 2h

Kevin Hassett, a Trump official floated as the next Fed Chair, claimed the jobs report’s revisions shows the numbers are “unreliable.”

President Donald Trump’s acolytes are scrambling to rationalize his decision to fire the nation’s top labor statistician after she delivered a bruising reality check. Trump was confronted with a weak jobs report Friday showing just 73,

The Daily Beast on MSN · 2h

Trump Officials Struggle to Spin Firing of Jobs Report Messenger

Axios on MSN · 1d

Trump fires labor statistics chief after weak jobs report

President Trump said he has fired the commissioner of the Bureau of Labor Statistics after the independent government agency reported weak jobs numbers for July and the preceding month. Why it matters: Trump is turning his ire about poor jobs numbers on the number-crunchers.

29m

Trump to Announce Fed, Jobs Data Replacements in Coming Days

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that could shape his economic agenda.

1don MSN

Fed Officials Take Cool Jobs Report in Stride

New York Fed’s John Williams says labor market remains solid, even after unusually large downward revisions to job gains for ...

55m

Weak US jobs data challenge Fed’s cautious stance

WASHINGTON: A weaker-than-expected July jobs report is calling into question the US Federal Reserve's (Fed) wait-and-see ...

11m

Gold Holds Gains After Softer US Job Data, Tariff Roll-Outs

Gold was steady after gaining the most in two months on Friday, as traders weighed the implications of soft jobs data for the ...

Job market concerns take center stage as earnings season rolls on: What to watch this week

Concerns over US economic growth have taken center stage despite a solid corporate earnings season from S&P 500 companies.

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.

2don MSN

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

U.S. payrolls grew by just 73,000 last month, well below forecasts, but downward revisions to prior months stunned Wall ...

2don MSN

Fed’s Dissenters Were Worried About Jobs. Now We All Are.

Both Waller and Bowman were appointed to the Fed’s Board of Governors by President Donald Trump. On Friday morning, Trump ...

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