The Federal Reserve's megaphone: Non-agricultural farmers will affect the Federal Reserve's rate cut

On September 6th, according to a report by Jin Ten, the latest article by "Federal Reserve mouthpiece" NickTimiraos said that the US employment report for August, which is scheduled to be released on Friday, will play a bigger role than usual in determining the extent of the Federal Reserve's interest rate cut this month. At the September meeting of the Federal Reserve, the debate will focus on whether to start cutting interest rates by 25 or 50 basis points to prevent unwanted weakness in the job market. The August hiring and employment report will be the key to deciding this decision. A decent jobs report could prompt officials to start a possible series of rate cuts with a 25 basis point rate cut. If hiring is weak or unemployment rises, as it did in July, a larger rate cut will be imminent.