US job worries intensify calls for immediate Fed rate cuts

FED GOOLSBEE: I'M STILL UNDECIDED ON SEPTEMBER RATE DECISION Fed’s Goolsbee: We’d Be Nervous If We Started To See Layoffs – BBG TV - Also Have To Look At Inflation Side Of Fed's Mandate - Wants To Make Sure Services Inflation Uptick Is A Blip Fed's Goolsbee: I still think we're likely in the full-employment space. GOOLSBEE: GETTING SHOCKS PUSHING US IN STAGFLATIONARY DIRECTION

Europe today “hit” another great American company, Google, with a $3.5 Billion Dollar fine, effectively taking money that would otherwise go to American Investments and Jobs. This is on top of the many other Fines and Taxes that have been issued against Google and other American Tech Companies, in particular. Very unfair, and the American Taxpayer will not stand for it! As I have said before, my Administration will NOT allow these discriminatory actions to stand. Apple, as an example, was forced to pay $17 Billion Dollars in a Fine that, in my opinion, should not have been charged — They should get their money back! We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies. Thank you for your attention to this matter!DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA Trump Says He Might Initiate a Section 301 Action to Cancel Unfair Penalties Imposed on American Companies