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Latest jobs data stiffens support for 3 rate cuts in 2025

US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025

The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest-rate cuts will likely be appropriate this year.

Associated Press News on MSN · 12h

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.

The Wall Street Journal on MSN · 14h

Fed’s Bowman Backs a September Rate Cut

In a speech at a bankers’ conference in Colorado Springs, Colo., on Saturday, Bowman said a bleak jobs report last week reinforced the concerns that led her to dissent against the central bank’s decision to hold rates steady in July rather than cut.

Trump says he doesn’t trust jobs data

cleveland.com on MSN · 2d

5 things to know about the jobs report controversy that has economists defending government data

Response rates to government surveys have plummeted since COVID, but experts say that doesn't mean the numbers are wrong despite Trump's claims.

MSNBC · 1d

Trump defends U.S. economy with charts after jobs reports showed warning signs

Are there cracks in the labor market? President Trump defended his economy with a series of charts in the Oval Office after a jobs report showed warning signs of a struggling economy. Axios Senior Markets Reporter Madison Mills and former Chief Strategist for the Bush-Cheney '04 campaign Matthew Dowd join Chris Jansing to break it all down.

Philadelphia Inquirer · 1d

Trump says he doesn’t trust the jobs data, but Wall Street and economists do

The recent revisions downward were unusually large, but there are many factors that require updating numbers, and rigging the data would be difficult.

19hon MSN

Work from home in CA for $12K a month? See 10 state jobs with hybrid schedules

Sift through some of the latest available state jobs with telework and hybrid options on the CalCareers website, as of ...

2don 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 ...

16h

Weekly mortgage rates plunge after bad jobs report

Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.

1don 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 ...

8don MSN

July jobs report reveals employers added 73,000 jobs; unemployment rises

The US economy added a disappointing 73,000 jobs in July amid Trump's tariffs, immigration constraints; unemployment rises ...

22hon MSN

Gen Z are sharing their unhinged hacks to surviving their toxic jobs, including CCing fake lawyers and being maliciously compliant

Gen Z is tackling their toxic jobs not by talking to HR or their therapist—but rather returning the favor to their employers ...

6hon MSN

David Sacks says the doomsday scenario of AI wiping out jobs is 'overhyped'

White House AI and crypto czar David Sacks said on X that the doomsday narrative of AI quickly achieving "godlike ...