PANews July 3 news, according to Jin Ten reports, the focus of the market is on the expected rise in unemployment rate, but the actual unemployment rate has dropped to 4.1%. The Federal Reserve meeting in July will no longer be so important. Gregory Faranello, head of U.S. interest rate trading and strategy at AmeriVet Securities, stated: The biggest issue is the unemployment rate. The door for interest rate cuts in July has closed, and the Federal Reserve will be on 'vacation' this summer. The indicator for the Federal Reserve to take action is employment, which gives Federal Reserve Chairman Powell space to adopt a wait-and-see attitude.