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Jobs data strengthens case for rate cuts

Reuters on MSN · 23h

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 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

The Associated Press on MSN · 3d

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.

One Fed Governor Wants 3 Rate Cuts

Fox Business on MSN · 1d

Fed governor maintains outlook for three interest cuts in 2025

Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the central bank leaving rates unchanged at its July meeting.

TheStreet on MSN · 1d

Fed governor calls for multiple interest rate cuts

Is the long wait to cut interest rates winding down? Federal Reserve Governor Michelle Bowman wants the Fed to ditch its “wait-and-see” approach to monetary policy and begin to substantially lower interest rates starting next month.

NDTV Profit on MSN · 10h

Bessent Hints Fed Should Be Open To A Half-Point Rate Cut

The Fed “could have been cutting in June, July” had it had the revised figures in hand at the time, Bessent said.

21hon 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, ...

Wealth Professional30m

Are investors right that the Fed will put US jobs over inflation control?

As reported by Reuters, Andrew Szczurowski of Morgan Stanley Investment Management said the market had been expecting a ...

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 ...

13hon MSN

‘Crazy!!’: How Labor Statistics staff reacted to Trump firing commissioner after dismal jobs report

Staff at the Bureau of Labor Statistics called President Donald Trump's firing of its commissioner “depressing” and “CRAZY!!” ...

4don 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 ...

2h

S&P 500, Nasdaq close at record highs as tame inflation seen giving Fed room to cut rates

US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next month to lift job market.

2don MSN

Dissenting Fed Vice Chair Urges Rate Cuts As Jobs Data Weakens, Inflation Nears Target — Still Sees 'Three Cuts' In 2025

Federal Reserve Vice Chair for Supervision Michelle Bowman, who dissented at last month’s Federal Open Market Committee (FOMC ...

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