[Despite Weak June Employment Data, the Fed Will Still Focus on Inflation] Jin10 News, July 2 — Evercore ISI stated, 'With employment data returning to normal, the Fed will still focus on inflation.' Economists believe the Federal Reserve will view the weak June employment data as a normalization of hiring figures after several months of unexpectedly strong growth. They said, 'Some believe this report significantly reduces the likelihood of rate hikes this year. We do not fully agree with this view.' Santander Bank analyst Stephen Stanley also echoed this sentiment. He stated, 'Inflation data will determine the Fed's course of action.' He believes the June employment report may 'slightly' alter the Fed officials' perspective, but he expects most policymakers will still view the labor market as stable. 'The financial markets have reacted quite excessively, including lowering the probability of rate hikes this year. I believe the latter is an inappropriate response to this report.'