Institution: Using the Bureau of Labor Statistics as a scapegoat will damage the credibility of US economic data

According to a report by Golden Finance, Ipek Ozkardeskaya, a senior analyst at Ruixun Bank, said that if the number of non farm payrolls in the United States falls below 50000 for six consecutive months, it will be seen as a signal of economic recession. Therefore, the United States may have already achieved half of it. The good news is that concerns about an economic recession have strengthened expectations for the Federal Reserve to cut interest rates; The bad news is that a weak economy is not part of Trump's promise. Cutting interest rates will not miraculously save the market, and blaming the consequences of the government's chaotic policies on the Bureau of Labor Statistics may damage the credibility of US economic data. (Golden Ten)