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Markets expect September Fed rate cut, Trump fires BLS commissioner

DeFi Daily News by DeFi Daily News
August 4, 2025
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Morning Brief: Market Sunrise host Ramzan Karmali breaks down he latest international financial news for Aug. 4, 2025.
Fed rate cut expectations for September are rising following a weaker-than-expected July jobs report and significant downward revisions for the June and May reports.
On Friday, President Trump ordered the firing of the Bureau of Labor Statistics commissioner, Dr. Erika McEntarfer. The move is “unfortunate,” RSM chief economist Joe Brusuelas said, adding, “It just undercuts the veracity of the data.”
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Tags: BLSBondsbusinessCommissionerCurrenciescutEquitiesexpectfedfiresFXInvestingInvestmentMarketMarket SunriseMarketsMoneymorning briefNewsNYSEPersonal FinancePoliticsRateSavingsSeptemberStock marketstocksTrumpYahoo FinanceYahoo FInance Premium
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