U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
1. Job growth decreased by 911,000 according to revised data. 2. Markets expect interest rate cuts at the Fed's remaining meetings. 3. Analysts predict a quarter-point reduction in rates next week. 4. Fed's actions are influenced by weak employment data and market expectations. 5. President Trump criticizes the Fed for delayed policy adjustments.