Odaily Planet Daily reported that Nick Timiraos, the "Federal Reserve mouthpiece," said that the slowdown in employment over the past three months may open the door for Federal Reserve officials to consider cutting interest rates at their next meeting in September. At the very least, this highlights the difficult balance they face as the economy slows and inflationary pressures rise. Because the labor market has previously shown solid job growth, Federal Reserve officials have felt comfortable keeping interest rates unchanged this year. But the significant downward revisions to employment data for May and June changed the situation. Federal Reserve officials previously stated that they have reduced their focus on overall job growth because it has declined in tandem with the slowdown in the growth of the labor force. When the labor supply decreases, the unemployment rate may remain stable or decline even if job growth slows. But Federal Reserve Chairman Powell pointed out this week that a stable unemployment rate may mask underlying weakness - when a decrease in job seekers and a decline in job vacancies occur simultaneously, this balance is inherently fragile. He mentioned the "downside risks" to the labor market six times at the press conference, suggesting that actual weakness may provide a basis for policy easing. (Jinshi)