Bank of America said that for the Federal Reserve interest rate meeting on September 15-16, the employment data is just an appetizer. The bank's analyst wrote, “Non-farm payrolls data is unlikely to be a decisive factor in whether to raise interest rates in September. If employment reports weaken significantly, the probability of interest rate hikes will be reduced, but the consumer price index is the core data for judging whether the Federal Reserve will raise interest rates. We maintain our judgment of raising interest rates in September.” Analysts said, “Unless employment data falls far short of expectations, this Friday's report is unlikely to be definitive and resolve the Federal Open Market Committee's policy differences in September. In his speech at Jackson Hole, Walsh said that the labor market remains stable and in line with full employment; at the same time, he emphasized that inflation is still above target and should be the primary focus of the Federal Reserve.”

Bank of America said that for the Federal Reserve interest rate meeting on September 15-16, the employment data is just an appetizer. The bank's analyst wrote, “Non-farm payrolls data is unlikely to be a decisive factor in whether to raise interest rates in September. If employment reports weaken significantly, the probability of interest rate hikes will be reduced, but the consumer price index is the core data for judging whether the Federal Reserve will raise interest rates. We maintain our judgment of raising interest rates in September.” Analysts said, “Unless employment data falls far short of expectations, this Friday's report is unlikely to be definitive and resolve the Federal Open Market Committee's policy differences in September. In his speech at Jackson Hole, Walsh said that the labor market remains stable and in line with full employment; at the same time, he emphasized that inflation is still above target and should be the primary focus of the Federal Reserve.”