CITIC Securities: The Federal Reserve is expected to cut interest rates again at its September meeting

Mars Finance News, according to Jinshi Data, CITIC Securities research report states: "In June 2025, the US new non-farm employment exceeded expectations, and the unemployment rate was lower than expected. However, this non-farm report actually shows that the US job market continues to weaken. We still believe that the US job market's 'buffer' is limited, and the job market's continued weakness may accelerate the rise in unemployment rate. Nevertheless, the 4.1% unemployment rate in June gives Powell more 'reasons' to observe the impact of summer tariffs on inflation. We continue our previous view and expect the Federal Reserve will cut interest rates again at the September monetary policy meeting."