WASHINGTON, D.C. — Treasury Secretary Scott Bessent urged caution in responding to the latest U.S. jobs data, while also taking aim at the Federal Reserve’s timing on economic policy.

“We’re not going to do economic policy off of one number,” Bessent said in response to the August jobs report. “If, in fact, these numbers are true, it shows that President Trump was right about the Federal Reserve — they are too late.”

The remarks reflect the administration’s skepticism toward the Fed’s recent decisions, suggesting that delayed action may have weakened the impact of monetary policy. Bessent emphasized that the administration’s broader economic strategy would not hinge on a single month’s data, underscoring a focus on long-term growth.

Economists and market analysts are closely watching both the jobs numbers and the administration’s comments, as they could influence expectations for future interest rate decisions.