最新报道:According to a September 8th report from CITIC Securities, US non-farm payroll data weakened again in August. The three-digit unemployment rate rose to 4.248% in July and 4.324% in August, respectively, meeting market expectations. August's non-farm payroll figures fell significantly short of expectations, with both government and private sectors weakening. Furthermore, this week's US employment data, including the ADP and PMI employment components, weakened across the board, confirming our previous view that the US job market is not as healthy as the data suggests. The cooling trend in the US job market and the continued weakening of the economy are unlikely to lead to an imminent recession. For the Federal Reserve, job market risks are rising again. We maintain our previous view that the Fed will cut interest rates by 25 basis points at its September meeting, followed by further 25 basis points cuts in October and December.