Institution: The Fed may have fallen behind the situation and could accelerate the pace of interest rate cuts.

On September 10, Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, stated that given the downward revision of U.S. employment growth, the Fed may indeed be lagging behind the situation in trying to anticipate tariff-driven inflation. This suggests that there could be larger and faster rate cuts in the coming months, depending on inflation performance. She pointed out that the U.S. will release August PPI data in a few hours, but the real question is how much of the continuously rising input costs will be passed on to the CPI data to be released tomorrow. The stronger the inflation data, the slower the Fed will cut rates, which could dampen investor sentiment. Currently, investors are keen to see a weakening labor market in exchange for larger rate cuts. ( Jin10 )