The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest-rate cuts will likely be appropriate this year.

In a speech at a bankers’ conference in Colorado Springs, Colo., on Saturday, Bowman said a bleak jobs report last week reinforced the concerns that led her to dissent against the central bank’s decision to hold rates steady in July rather than cut.

The president attempted to tell a different story about the U.S. economy than what the latest job report revealed. President

Response rates to government surveys have plummeted since COVID, but experts say that doesn't mean the numbers are wrong despite Trump's claims.