Institution: It is expected that the Federal Reserve will restart the interest rate cut mode in July

Golden Finance reported that Jamie Cox, Managing Partner of Harris Financial Group, stated that although the US labor market remains strong, it is gradually cooling down. Given the significant pre correction value of this non farm payroll report, I expect the Federal Reserve to resume interest rate cut mode in July. The current salary level is still stable, but it is likely to change in the coming months. The biggest variable in the job market is the real estate market - the real estate market has shown early risk signals, and the cooling of the labor market will exacerbate this trend.