特朗普喊话美联储：降息100基点！新一任美联储主席任命结果将很快公布；这一数据暗藏隐患

Core Viewpoint - The article discusses the slowdown in U.S. job growth in May due to uncertainties surrounding tariffs imposed by the Trump administration, while stable wage growth may keep the economy on track and potentially delay interest rate cuts by the Federal Reserve [1][4]. Employment Data Analysis - The U.S. added 139,000 jobs in May, exceeding market expectations of 125,000 [4] - The healthcare sector contributed 62,000 new jobs, and the leisure and hospitality industry added 48,000, accounting for nearly 80% of the new positions [4] - The unemployment rate remained stable at 4.2% for the third consecutive month, with 625,000 people leaving the labor force, indicating a lack of confidence in the job market [4][5] - Hourly wages increased by 0.4%, surpassing market predictions, with a year-on-year growth rate of 3.9%, slightly above the Fed's sustainable inflation target of 3.7% [4] - The average monthly job growth over the past three months has slowed to 135,000 from 232,000 in January [4] Labor Market Concerns - There are signs of pressure from the trade war, with 7.24 million people reported as unemployed, the highest level since the U.S. emerged from the pandemic in 2021 [5] - The labor force participation rate dropped from 62.6% in April to 62.4%, primarily affecting the prime working-age population [5] - The employment-population ratio fell from 60.0% in April to 59.7%, indicating a decline in the economy's job creation capacity [5] - Experts suggest that the decline in labor participation may mask marginal deterioration in employment and the labor market [6] Federal Reserve and Economic Policy - Following the employment data release, President Trump pressured the Federal Reserve to cut interest rates by 100 basis points, criticizing the current monetary policy as a "disaster" [7] - The Fed's current benchmark interest rate is between 4.25% and 4.5%, described as "moderately restrictive" [7] - There is ongoing debate on whether tariff-induced inflation is transitory or persistent, with some Fed officials believing it to be a one-time price level increase [7][8] - Market expectations indicate potential rate cuts by the Fed in September and December, with the next FOMC meeting scheduled for June 17-18 [8]