President Trump breaks protocol with tweet, sends markets a clear signal on jobs report before numbers are released
President Donald Trump broke with decades of protocol and commented publicly about the highly anticipated jobs report data 69 minutes before they were released by the Bureau of Labor Statistics. Treasury yields moved sharply higher within seconds of a tweet from President Trump that said he was “looking forward to seeing the employment numbers at 8:30 this morning.” He had never issued such a tweet before. A federal rule from 1985 prohibits any federal worker from commenting on the jobs report for at least one hour after its release, though the Trump administration has breached that standard a few times by commenting less than an hour after the release. But administration officials never appeared to comment before the report came out as Trump did on June 1.
President Trump breaks protocol with tweet, sends markets a clear signal on jobs report before numbers are released