The Federal Reserve's interest rate cut next week is almost certain.

U.S. job growth stagnated in August, with the unemployment rate rising to 4.3% (the highest in nearly four years). Last week, the number of first-time applicants for unemployment benefits reached 263,000, the highest level in nearly four years. The weakness in the labor market has overshadowed the impact of inflation risks. Almost all of the 107 analysts surveyed by Reuters believe that the Federal Reserve will cut rates by 25 basis points on September 17. The CME's "FedWatch Tool" shows that financial markets believe there is nearly a 100% chance that the Federal Reserve will "at least cut rates by 25 basis points."