On Friday, the Bureau of Labor Statistics released a jobs report that upended the narrative pundits, journalists, government officials, and the White House had been repeating for months: The economy is doing just fine.

President Donald Trump directed his Administration on Friday to fire the head of the Bureau of Labor Statistics, after the agency released a report that showed that the U.S. added fewer jobs in July than many economists had expected,

Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next month.