Salomon, Dimon, dialing is valid in the state of the economy

Some of the American financial services leaders begin to issue economics warnings.

Saying to see the signs of “softening” or “weak”, and the SLEVE CEOS is more difficult in the next weeks of the Federal Reserve Federal Reserve and the American Bureau of Labor Statistics Audit of job numbers Reduce this week.

On Wednesday Interview of CNBC, Goldman Sachs Entire David Solomon Said while the economy is “still chulging,” signals can point to a different direction.

“There are the number of executive directors on removing in the economy – no questions,” he said. “We’ve seen some data on the work that indicate that there were softening.”

The BLS published in the preliminary report on Tuesday, revised its data on payments of salaries for the year before March 2025. years, showing significant decline in 911,000 from initial assessments. The audits were more than 50% higher than last year and the largest shift in more than 20 years, adding growing concern about the economy.

The BLS also came under the fire president Donald TrumpWHO exhausted Bureau chief at the beginning of August and criticized his data collection methods.

Solomon said he believes that there was “even more work” with today’s inflation and that tariffs have an impact on growth, but that at this stage is difficult to quantify this phase at this stage. As the economy moves in the fall, Solomon said that he expects a small change of policy rate, including a 25-base point, which Fed next week was next week.

Trump was also critical to the Central Bank, inviting lower interest rates and hitting the food by food of Jerome Pizel. The Federal Open Market Committee last reduced the reference interest rate in December 2024. years and has retained it in the target range of 4.25% to 4.5%.

JpMorgan Chase Entire Jamie Dimon said CNBC Tuesday to believe that the Fed “probably” is lower interest rates at their meeting next week, but that it cannot “” not be a consequence of the economy.

Dimon said he believes and that the BLS report confirms that the American economy is slowing down.

“I think the economy is weaker,” Dimon CNBC said Leslie Picker In an interview. “Whether it’s on the way to recession or just weakening, I don’t know.”

But in the end, Dimon said that the earth would simply have to “wait and see” how the economy will progress with consideration of consumers.

Similarly, Wells Fargo CEO Charles Scharf said CNBC Wednesday that his bank sees that the Americans of lower income struggled to stay on the water, despite the larger companies seemingly good.

“There is this great dichotomy between consumers with higher income and lower income that continues and is a real problem,” Scharf said.

Commenting on the BLS numbers, Scharf said it was “indisputable” that there was a deviation between American taxpayers and that “no longer sees” his side “to the American economy.

Creating new jobs in August also showed signs of weakness, because BLS reported that last week Nonfarm plairolls increased by only 22,000 for the month.

Morgan Stanley CEO Ted Pick said CNBC to believe that the US CEO or CFO had to become resistant during recent rises and downs of land, including quite and two trumps.

“We are at a place where I think some of the insecurities of politics will actually start quantifying,” he said.

However, the choice said he saw them cross and believe that politics insecurity could narrow down a little.

“So yes, there may be some slowdown,” the choice said, adding to wait to see how everyone likes it.

Barclais CS Venkakrishnan CEOs said on CNBC on Tuesday to believe that Fed will reduce margin, partly due to softness in the labor market.

Traders also expect to see lower food rates. They are currently seeing almost security that the Fed will reduce the least quarter of the point, according to CME FEDVATCH tool Based on the fed trading of the future, and some are betting that there will be an even deeper incision of 50 base points or half percent.

Even if inflation problems have not yet described, VenkaTakrishnan said that the current economy signals that general directors should have their eyes longer term.

“We still haven’t seen them, but we have to worry about them,” he said.

PNC Financial Services The whole Bill Demča joined the wave and approached CNBC on Tuesday “Basic pressures in our economy” between employment workers, labor shortages, workforce and much more.

Demcorn said to see evidence to support the revised BLS report and believes that evidence is probably why Fed will remember the rates that go forward, even because the consumer “drives”, “Drive the consumer.”

“Within our economy, there are pressures that I don’t know that it only disappears because tariffs could get behind us at some point,” Demchak said.