Joining us now in a CNBC exclusive interview with his first reaction to last week's Fed decision and jobs report is Jeffrey Gunllock. He is the founder, CEO, and CIO of Double Line. It is good to see you.Thanks for being here. >> Good to be with you again, Scott. So, you now have the benefit of course of not only the Fed decision having been made and hearing from the chair, but you have a jobs report to think about in answering my first question, which is did the Fed make the right move last week by not cut ...

RT ARK Invest (@ARKInvest)Downward payroll revisions, weaker confidence in job availability, and large-scale government layoffs paint a stark employment picture. Will these trends "seal the deal" on the Fed cutting rates? @CathieDWood shares her take in the new "In The Know."https://t.co/DOxuZ9YKaO ...

Economic Indicators & Labor Market - US economy added 73,000 jobs in July, far lower than expected, with June and May numbers revised down by a combined 258,000 [2] - The White House defended the dismissal of the Bureau of Labor Statistics Commissioner despite accusations of data manipulation without evidence [3][4][5] - The jobs data revision is considered a historically important outlier, the biggest since 1968 [5][6][7] - Declining response rates to BLS surveys contribute to data inaccuracies [8][9] Trade & Tariffs - New tariffs on almost every US trading partner are set to come into effect [1][12] - Tariffs could lead to a slowdown in spending and hiring, potentially impacting the economy [14] - The probability of a Federal Reserve interest rate cut increased from approximately 40% to 75% following the release of weak jobs data [16] - Potential interest rate cuts by the Fed are expected to be gradual, possibly a quarter point in September and another in December [17] Political & Policy Impacts - The President plans to appoint a new head of the Bureau of Labor Statistics within 3-4 days [19][20][22] - Texas Democrats fled the state to block a Republican redistricting plan that aims to add five new GOP seats [31] - The Texas Governor is threatening to expel or extradite the lawmakers [32][38] Environmental & Disaster Impacts - Severe weather, including wildfires and flooding, is causing chaos across the US [43][44][45][46][47][48][49][50] - Wildfires in central California have burned approximately 40,000 acres [46] - The Dragon Bravo fire in Arizona has become the largest in the US, burning over 116,000 acres and is only 11% contained [47] - Air quality alerts are in effect in multiple states due to smoke from Canadian wildfires [45][52][53] - Heavy rainfall and flooding are impacting parts of the Southeast, with 10 million people affected [54]

John Williams, president of the Federal Reserve Bank of New York, discussed the outlook for the labor market, inflation and interest rates during an interview. Here is a transcript. https://t.co/hQ8Me7ElgY ...

We consider specifically this blessed issue and the contention from the president. I you have more. One reason it is related to this hit.You hit Mark Warner with exactly the right question. Well, I'd like to ask it of you as well. We either assume that the data is manipulated, in which case I'm curious as to whether you personally have seen evidence of it.But if it is manipulated and actually we have a stronger labor market than the data suggests, why would the Fed need to cut interest rates. Well, when you ...

Find someone who will help push interest rates DOWN.I also don’t want to hear from any of the Ivory Towers , entitled people in the mentions that are not directly impacted by high cost to borrow an inflationWatcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 Federal Reserve Governor Kugler resigns from Fed board. ...

imprint for certain. >> Welcome back. Sizable miss for jobs this morning coming in at 73,000 in July with sharp downward revisions.That might be the bigger story for May and June. President Trump lashing out at Fed Chair Jay Powell on Truth Social. Of course, after the report telling him to drop the rate.Joining us now exclusively is Atlanta Fed President Raphael Bostic, along with our own Steve Liesman. Good morning Steve. >> Good morning Sara.Let's get right to President Bostic. Good morning, President Bo ...

Stephen Miran, CEA chairman, joins 'Money Movers' to discuss today's weaker jobs report and what it means for the health of the economy. ...

Treasuries rallied after a report on US jobs showed weaker-than-expected payroll growth, prompting traders to boost bets that the Federal Reserve will lower interest rates. https://t.co/tMyUbdtcri ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that policymakers’ hesitance to lower interest rates could risk unnecessary damage to the labor market https://t.co/HpRmhWVf7S ...