Jim Cramer Issues Stark Warning to Fed Chair Powell After Disastrous July Jobs Report
Jim Cramer Issues Stark Warning to Fed Chair Powell After Disastrous July Jobs Report A Wake‑Up Call for Jerome Powell Market commentator Jim Cramer didn’t mince words after the US July jobs report fell far short of expectations: in his view, Fed Chair Jerome Powell should have acted sooner. Cramer bluntly stated that Powell “didn't need to wait” before adjusting interest rates, spotlighting the sharp deterioration in employment and urging the Federal Reserve to cut rates without further delay. The July Jobs Report: A Shock to Economic Faith On August 1, 2025 , the Bureau of Labor Statistics revealed that the US economy added just 73,000 jobs in July—well below the expected 110,000 and marking the weakest payroll performance since early in the pandemic. Even more concerning: May and June’s previously reported strong gains were revised downward dramatically—to 19,000 and 14,000, respectively—a combined 258,000‑job downgrade that erased hope of momentum YouTube +13 Reut...