[Trump accuses previous non-farm payrolls of fraud] Golden Finance reported that according to Politico, the U.S. Department of Labor's preliminary benchmark revisions showed that non-farm payrolls may have fallen by 818,000 in the 12 months ending in March. The new data may affect how Federal Reserve Chairman Powell will handle the upcoming Federal Reserve meeting in September, which is widely expected to cut interest rates for the first time. Some market participants said that the revision supports the Fed's argument that it will cut interest rates by up to 50 basis points. In the face of high interest rates and inflation, the strong performance of the labor market has provided a major economic boost to the Biden and Harris camp's efforts to defeat Trump in November. However, as Wall Street prepares for a major revision of non-farm payrolls, Trump accused the previous monthly data of being "fraud." "There are reports that the employment data over the past period of time has been fraudulent, which is a serious insult to our economy because the data we have seen is not bad, but not great, and now the data we see, after adjustment, is a disaster," Trump said in his speech on Tuesday. Trump warned that the current economic situation will be much worse than reported and predicted that there will be serious consequences if Harris is elected in November.