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Benzinga
Benzinga
Business
Bibhu Pattnaik

Jim Cramer Has Blunt Message for Fed Chair Powell After July Job Numbers Tanked

Jim Cramer US Federal Reserve Donald Trump Jay Powell the Federal Reserve Jerome Powell Jobs Report Interest Rates
Jim Cramer

In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in interest rates.

What Happened: The nonfarm payroll growth for July was a mere 73,000, falling significantly short of the anticipated 100,000. Additionally, the figures for May and June were revised downwards by a total of 258,000.

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