Trump pushes Fed chairman Jerome Powell to slash rates after weak hiring data: ‘LOWER THE RATE'

1. Private sector added only 37,000 jobs in May, below forecasts. 2. Trump urged the Fed to lower interest rates due to weak hiring. 3. Pay growth remained steady; job market shows signs of slowing. 4. Expectations for the Fed’s interest rate policy are heightened. 5. Upcoming nonfarm payrolls report will be closely monitored.