Trump calls on Fed to decrease rates of interest after new jobs report

Employers added 177,000 jobs final month because the labor market retains buzzing, for now, regardless of all of the turmoil attributable to President Trump’s tariffs. The White House is taking credit score for the job progress after blaming former President Biden for the drop in gross home product earlier this week. Mr. Trump stated it is a signal that Federal Reserve Chair Jerome Powell ought to minimize rates of interest. CBS News’ Ed O’Keefe and Jo Ling Kent report.

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