Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says

Why did Trump fire the labor statistics chief? How will new tariffs impact US consumer prices? What caused Tesla's $329M Autopilot crash penalty? Why are US job growth numbers revised downward? How is Big Tech spending shaping the AI race? What effect do Trump tariffs have on global stocks? Why is Apple’s iPhone sales strong despite tariffs?

Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says

marketwatch.com/story/here-comes-the-july-jobs-report-the-unemployment-rate-is-the-main-number-you-have-to-look-at-now-feds-powell-says-8592ca9e

The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next big bite of the apple arrives on Friday with the July employment report. Here’s what to expect.

This story appeared on marketwatch.com, 2025-07-31 17:22:00.