According to TechFlame, according to Kim Ju, “Federal Reserve microphone” Nick Timiraos said that the slowdown in employment over the past three months may have opened the door for Fed officials to consider cutting interest rates at the next meeting in September. At least, it highlights the difficult balance they face at a time of economic slowdown and rising inflationary pressure. Since the labor market has shown steady employment growth until now, Federal Reserve officials are relieved to keep interest rates unchanged this year. However, a sharp drop in employment data for May and June changed this situation. Federal Reserve officials said earlier that they have reduced their focus on overall employment growth, as it is simultaneously declining along with the slowdown in the size of the labor force. When the supply of labor decreases, the unemployment rate may remain stable or fall even if employment growth decelerates. But Federal Reserve Chairman Powell pointed out this week that stabilizing the unemployment rate may mask potential weakness — when fewer job seekers occur at the same time as job vacancies fall, this balance is inherently fragile. At the press conference, he mentioned the “downside risk” of the labor market six times, implying that actual weakness may provide a basis for policy easing.