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The unemployment rate has slightly increased, and non-farm payrolls fell short of expectations. More importantly, the non-farm payroll numbers for May and June were surprisingly revised down by a total of 258,000...
If inflation data cannot force the Federal Reserve to cut interest rates, then let's use employment data!
Looking purely at the data, there is no problem. Back in June, we anticipated that there would be changes in the job market starting in July, and it seems Trump will be at it again with his remote insults...
"Old Bao, look at you, if you don't lower the interest rates soon, the economy is going to have problems!"