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Agency: Using the Bureau of Labor Statistics as a scapegoat will undermine the credibility of U.S. economic data "

According to online reports, Ipek Ozkardeskaya, senior analyst at Swisent Bank, said that if the number of non-farm payrolls in the United States falls below 50,000 for six consecutive months, it will be regarded as a sign of economic recession. As a result, the United States may have done half of it. The good news is that concerns about a 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. Interest rates will not magically save markets, and blaming the Bureau of Labor Statistics for the consequences of the government's chaotic policies could damage the credibility of U.S. economic data. (Jin Shi)

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