You’re probably reading it in reverse. The jobs number is showing what economists predicted when this whole tariff wack-a-mole started: that companies would stop hiring and start raising prices, to accommodate for the instability being created.
Neither the FED nor anyone else had actual numbers 3 months ago, since they are always a pre-read. This clearly wasn’t as bad in months prior to the tariff scare, so this fabricated narrative that the FED is somehow responsible for this sudden slowdown doesn’t add up
Neither the FED nor anyone else had actual numbers 3 months ago, since they are always a pre-read. This clearly wasn’t as bad in months prior to the tariff scare, so this fabricated narrative that the FED is somehow responsible for this sudden slowdown doesn’t add up