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Trump, Fed and interest rates

Black unemployment under Trump reaches its highest rate since the pandemic. Here’s what it could mean

Black workers are often last hired, first fired,” said Angela Hanks, chief of policy programs of The Century Foundation. The

Reuters on MSN · 3d

Path to the Fed rate cuts Trump wants may involve higher unemployment

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of servicing $36 trillion in government debt and the high cost of home ownership,

U.S. News & World Report · 3d

Trump: Fed Board Should Assume Control if Powell Won't Lower Interest Rates

U.S. President Donald Trump said on Friday the Federal Reserve board should assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates. "Jerome 'Too Late' Powell, a stubborn MORON,

Bureau of Labor Statistics, Trump and jobs

Trump axes Labor Statistics chief after his poor jobs report: ‘I believe the numbers were phony ... so I fired her’

President Donald Trump fired the chief labor statistician after the Bureau of Labor Statistics released its monthly jobs report showing that the economy added only 73,000 jobs in July.

CNN on MSN · 1h

Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” Yet revisions by the BLS were neither historic nor evidence of corruption.

USA TODAY on MSN · 2d

Trump fires head of labor statistics bureau after weak jobs report: Recap

An anemic July jobs report boosted expectations the Federal Reserve might lower interest rates in September. Trump said the jobs report was "rigged."

1hon MSN

Black Jobless Rate Tops 7% As White House Defends Ouster Of Labor Data Official

The Black unemployment rate hit its highest mark since December 2021, while the White House defended the firing of Erika ...

1h

Black women unemployment rate rises to 6.3%, signaling continuing crisis

For Black women, 20 years and older, the unemployment rate during July was 6.3%, according to the bureau’s July report. This ...

4don MSN

Fed holds rates steady despite Trump's pressure, with two governors dissenting

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing ...

1dOpinion

Maybe now Nevada’s stubbornly high unemployment rate will finally go down (except not really)

Nevada has had either the highest or one of the highest unemployment rates in the U.S. over most of the 21st century. In the ...

2d

President Donald Trump removes official overseeing jobs data after dismal employment report

President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed ...

20d

Why Trump's push for a 1% Fed policy rate could spell trouble for US economy

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...

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