In his recent remarks, Federal Reserve's Williams stated that he has not yet formed a specific perspective on the Federal Open Market Committee’s (FOMC) decision regarding the interest rate cut at their September meeting. He is considering both options, a 25 basis point cut or a 50 basis point cut. This reflects the intricate considerations policymakers face when dealing with economic uncertainty. At the same time, Williams emphasized that the labor market is undergoing significant changes, with signs of rebalancing. This observation aligns with the latest non-farm employment data, which indicates that there are increasingly clear signs of cooling in the labor market. Although the unemployment rate remains at historically low levels, the pace of job growth seems to be slowing down, which may be one of the factors considered by the Fed in its decision-making process.