Good News On Jobs

Good News On Jobs

Today’s jobs report was very strong, at 162,000 new payroll positions. That tripled economists’ expectations. So naturally the stock markets are down, as a strong economy reduces the likelihood of interest rate cuts by the Fed. President Trump responded by demanding lower interest rates on Truth Social, but it isn’t going to happen. The Committee to Unleash Prosperity has more: The new jobs report for the month of August was

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Donald Trump renewed his call for lower interest rates after US employers added 162,000 jobs in August, beating estimates and signalling a resilient labour market.