Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower interest rates.

JOBS DAY: The latest jobs data today painted a picture of a much softer labor market all summer than was previously known, raising fresh fears about the health of the U.S. economy and — in combination with President Donald Trump’s new tariffs — sending markets lower.

The U.S. job market slowed sharply this spring, as President Trump's tariffs took effect. Trump is calling for even higher import taxes in the coming week.

For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus.

Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market.

Dark clouds formed over President Trump’s economy Friday after the July jobs report showed the labor market only gaining 106,000 jobs over the last three months. The report from the Bureau of Labor Statistics (BLS) suggested the economy and labor market are much weaker than previously thought,