Politico’s Ben White and Aubree Eliza Weaver reported Monday, the former National Economic Council Director Gary Cohn kept the monthly jobs report away from President Donald Trump. This because he worried he would be compelled to comment on them early. More than an hour before the May jobs report was released on Friday, Trump tweeted he was “looking forward to seeing the employment numbers.” He didn’t disclose them in the tweet. But the tweet appeared to violate a Bureau of Economic Analysis rule. The rules bars executive-branch employees from commenting until an hour after the numbers are officially made public. The tweet fueled speculation that the jobs report was going to be good. Treasurys and gold extended declines while stock futures rose in the period between Trump’s tweet and the jobs report’s release.
(Source: Atlanta Journal-Constitution, June 04, 2018 at 04:33PM)