The U.S. job market faces downside risks, and the Federal Reserve may cut interest rates by 50 basis points

ChainCatcher news, according to Jinshi reports, Brown Brothers Harriman's forex analysts indicate that the downside risks facing the U.S. labor market are greater. Multiple employment data suggest that labor demand is cooling, which may prompt the Federal Reserve to consider a 50 basis point rate cut at the meeting on September 16-17. If the non-farm data meets or exceeds expectations, it will provide short-term support for the dollar.