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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, ...
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 ...
Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.
The Texas economy is showing signs of slowing down, a report out of the Dallas Federal Reserve showed. The latest data shows ...
Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the ...
San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...
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