ChainCatcher News, according to Jinshi reports, although the average employment growth in the U.S. over the past three months is only 35,000 people, Pepperstone's research director Chris Weston stated that Federal Reserve policymakers, especially those concerned about the core PCE deviating from the 2% target, will only support an 'insurance rate cut' after the disappointing August non-farm data announced on September 5.

He pointed out that the credibility of the Federal Reserve is being tested, and with core PCE expected to be 100 basis points above the target, a rate cut in September will be a difficult decision.